"Right and Necessary Signal": Zelenskyy Hails EU's Largest-Ever Sanctions Listings Against Russian Military-Industrial-Complex
The package targets 1,569 people and entities, including 826 companies and 743 CEOs, and adds new restrictions on North Korea-linked actors.
- On Monday, the European Union adopted its largest-ever tranche of sanctions against Russia, targeting 1,569 individuals and entities within the military and industrial complex in response to Moscow's ongoing aggression against Ukraine.
- The 27-nation bloc cited Russia's "recent brutal military campaign deliberately targeting civilian infrastructure and causing severe suffering to the civilian population" as the primary driver for this expansive sanctions package.
- Targeting "mid-level suppliers" representing the "core" of the military industry, the measures impact 826 companies generating $22 billion annually and 743 CEOs facing asset freezes and travel bans.
- Ministers in Luxembourg also sanctioned 77 individuals linked to illegal elections in Russian-occupied Ukraine, while simultaneously targeting four North Korean entities and three individuals over military cooperation involving "arms-for-oil" trades.
- European Council President Antonio Costa called it "the largest single expansion of our sanctions list," while Ukrainian President Volodymyr Zelenskyy urged continued pressure on Russian ballistic missile and Shahed production.
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The European Union has imposed new sanctions on Russia targeting its military industry. At Estonia's request, a Russian manufacturer supplying raw materials to Silmet was removed from the same list. Estonia promises that this will not remain the case for long.
The European Union’s Foreign Ministers approved Monday the largest package of sanctions against Russia since the start of the large-scale invasion of Ukraine. This measure follows the one adopted last month by withdrawing some of Russia’s richest men from the sanctions list. For that reason, this new list has been interpreted as some kind of moral compensation in the face of the criticisms that the imposition of those exceptions, which was force…
Zelenskyy: Increased pressure on Russia's military-industrial complex - necessary signal if we’re serious about ending Russia's war
Ukrainian President Volodymyr Zelenskyy thanked European Council President António Costa, European Commission President Ursula von der Leyen, and all EU member states for adopting a new package of EU sanctions against Russia's military-industrial complex.
Right and necessary signal: Zelenskyy hails EUs largest-ever sanctions listings against Russian military-industrial-complex - The Tribune
'Thank you to the President of the European Council, António Costa, to the President of the European Commission, Ursula von der Leyen, and to all EU member states for adopting the new EU sanctions package against Russia's military-industrial complex,' the Ukrainian President wrote in the post.
"Right and necessary signal": Zelenskyy hails EU's largest-ever sanctions listings against Russian military-industrial-complex
"Thank you to the President of the European Council, António Costa, to the President of the European Commission, Ursula von der Leyen, and to all EU member states for adopting the new EU sanctions package against Russia's military-industrial complex," the Ukrainian President wrote in the post.
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