Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine

European Union countries have agreed on a new package of sanctions against Russia

Samuel Petrequin
Wednesday 21 February 2024 09:42 EST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

European Union countries on Wednesday agreed on a new package of sanctions against Russia to target individuals and businesses suspected of assisting Moscow in its war against Ukraine, including Chinese companies.

The decision coincides with the second anniversary of Russia's full-scale invasion, which began on Feb. 24, 2022, and comes days after the death of Russian opposition leader Alexei Navalny.

Belgium, which currently holds the rotating presidency of the 27-nation bloc, said the “package is one of the broadest approved by the EU.”

According to several diplomats, EU ambassadors from all member countries agreed to impose sanctions on about 200 companies and individuals. The diplomats spoke on condition of anonymity because they weren't authorized to disclose details about the sanctions, which have yet to be formally adopted.

They said several Chinese companies, which are believed to have provided help to Russia, have been sanctioned. Details of the entities targeted will be revealed when the sanctions are published in the EU’s legal journal.

The EU has imposed several rounds of sanctions on Russia since President Vladimir Putin ordered his troops into Ukraine. The measures have targeted the energy sector, banks, the world’s biggest diamond mining company, businesses and markets, and made Russian officials subject to asset freezes and travel bans.

The new sanctions will further enhance trade restrictions against entities linked to the Russian military-industrial complex, diplomats said. Additional bans on exports to Russia of highly technical components for drone production were adopted.

“I welcome the agreement on our 13th sanctions package against Russia,” European Commission President Ursula von der Leyen said. “We must keep degrading Putin’s war machine. With 2,000 listings in total, we keep the pressure high on the Kremlin. We are also further cutting Russia’s access to drones.”

Belgium said the package will undergo a written procedure and be formally approved on Saturday, which marks the second anniversary of the war.

___

Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in