EU and UK imposed brand new sanctions on Russia

EU unveils 16th sanction package against Russia on the 3rd anniversary of Russia's invasion to Ukraine

On February 24, 2025 revealed this new comprehensive set of measures aims to intensify economic pressure on Moscow, targeting various sectors to undermine Russia's capacity to sustain its military operations in Ukraine.

Key Components of the 16th Sanctions Package:

1. Targeting the "Shadow Fleet": The EU has sanctioned 73 vessels identified as part of Russia's "shadow fleet," which has been instrumental in circumventing existing sanctions by clandestinely transporting Russian oil and commodities. This move seeks to disrupt these covert operations and enhance the enforcement of international trade restrictions.

   
   

2. Ban on Primary Aluminium Imports: A significant element of the new sanctions is the prohibition of importing Russian primary aluminium into the EU. This action is expected to impact Russian aluminium producers adversely and compels EU industries to seek alternative sources for this critical raw material.

   
   

3. Expansion of Individual and Entity Sanctions: The EU has added 48 individuals and 35 entities to its sanctions list. These additions encompass persons and organizations accused of undermining Ukraine's sovereignty, including those involved in military operations, propaganda dissemination, and economic activities supporting the Russian government.

   
   

4. Restrictions on Technology and Goods: The sanctions introduce bans on the sale of specific goods to Russia, notably gaming consoles, which have been repurposed for military applications, such as drone control. This measure aims to curtail Russia's access to technologies that could enhance its military capabilities.

   
   

5. Financial Sector Sanctions: The package includes measures targeting Russian banks and financial institutions, further isolating them from the international financial system. By restricting Russia's financial transactions, the EU aims to constrain the country's ability to finance its military activities.

   
   

6. Combating Sanctions Evasion: Recognizing attempts by Russia to bypass previous sanctions, the EU has implemented stricter controls and monitoring mechanisms. This includes penalizing entities in third countries that facilitate sanctions evasion, thereby reinforcing the overall effectiveness of the sanctions regime.

   
   

The adoption of this 16th sanctions package underscores the EU's unwavering commitment to supporting Ukraine and holding Russia accountable for its actions. By targeting critical sectors and enhancing enforcement measures, the EU aims to deplete Russia's resources and deter further aggression, while signalling to the international community the importance of upholding international law and sovereignty.

UK also introduces new sanctions package coinciding with EU's announcement

This makes it the largest escalation since the initial measures introduced in 2022, and showcases the continued commitment from the UK in supporting Ukraine and force Russia to cease military aggression.

The package from the UK includes:

1. Expanded Travel Bans and Asset Freezes:

   • The UK government has imposed travel bans and asset freezes on over 100 individuals and entities with significant ties to the Kremlin. This includes senior politicians, business figures, and oligarchs who have provided substantial support to the Russian state or have benefited from their association with it. The objective is to curtail the influence of those who have bolstered President Vladimir Putin's war efforts while enjoying the privileges of access to Western resources.

     
     

2. Targeting Russia's Military Supply Chains:

   • The sanctions extend to companies worldwide that supply components used by the Russian military. By disrupting these supply chains, the UK aims to weaken Russia's military capabilities and hinder its ongoing operations in Ukraine.

     
     

3. Banning Entry to Kremlin-Linked Elites:

   • Individuals offering substantial support to the Russian state or deriving wealth from their connections to it are now prohibited from entering the UK. This measure seeks to prevent those who have facilitated or profited from the Kremlin's actions from accessing the UK as a haven or base for their activities.

     
     

These measures reflect the UK's strategic approach to intensify economic and political pressure on Russia, compelling it to reconsider its aggressive policies towards Ukraine. By targeting key individuals, entities, and supply chains, the UK aims to disrupt the resources and networks that sustain Russia's military operations.

Sources: Windward, Reuters1, , European Council, Ukrinform, Pravda, Euromaidan Press, GOV.UK, The Times, Reuters2