EU adopts 12th package of sanctions against russia for aggression in Ukraine: who will be affected and when
Kyiv • UNN
The EU has introduced its 12th package of sanctions against Russia, including a ban on diamond imports and various exports, to undermine the russian military machine, as well as expanded its blacklist of entities and introduced new financial restrictions. These measures are part of the EU's continued support for Ukraine's sovereignty.
The EU has adopted the 12th package of of economic and personalized sanctions against Russians and Russian businesses over Russia's armed aggression in Ukraine. on the territory of Ukraine. This was reported by UNN with reference to an open letter from the European Council.
In this 12th package, we offer a powerful set of new lists and economic measures that will further weaken Russia's military machine. Our message is clear, as I stated when I chaired the informal Foreign Affairs Council in Kyiv. Foreign Affairs Council in Kyiv: we remain unwavering in our commitment to Ukraine and will continue to support its fight for freedom and sovereignty.
Details
The High Representative for Foreign Affairs and Security Policy has detailed told in detail what restrictive measures for Russians under the newly agreed package of sanctions:
Diamond business
The EU imposes a ban on the direct or indirect import, purchase or transfer of of diamonds from Russia. This ban applies to diamonds originating in Russia; diamonds exported or transiting through Russia; and Russian diamonds processed in third countries.
The direct ban also applies to non-industrial natural and synthetic diamonds, as well as diamond jewelry from January 1, 2024.
In addition, an indirect ban on imports of Russian diamonds during processing (i.e. cutting and/or polishing) in third countries, including jewelry products containing diamonds originating in Russia, will be gradually introduced from March 1, 2024 and finally implemented March 2024 and should be finally implemented by September 1, 2024.
"This phased introduction of indirect import bans is justified by the need to deployment of a tracking mechanism that will enable effective enforcement measures and minimize disruptions in the EU market," the EU officials explained the systematic implementation of this restriction in the EU.
Restrictions on the export and re-export of goods for warfare.
Today's decision requires EU exporters to contractually prohibit re-export to Russia and re-export for use in Russia of particularly sensitive goods and technologies when selling, supplying, transferring or exporting to a third country, with the exception of partner countries.
This article refers to prohibited items used in Russian military systems found on the battlefield in Ukraine or critical for the development, production or use of these Russian military systems, as well as as well as aviation goods and weapons.
Import and export control
The Council also added 29 new entities to the list of those who directly directly supporting Russia's military-industrial complex in its war of aggression against Ukraine. Some of these 29 organizations belong to third countries that are Russian shell companies, created to avoid previously imposed product restrictions on the Russian Federation, or companies involved in the development, production and supply of electronic components for the Russian military-industrial complex.
In addition, today's decision expands the list of prohibited goods that may contribute to the technological improvement of the Russian defense and and security sector, including: chemicals, lithium batteries, thermostats, DC motors, and DC motors and servo motors for unmanned aerial vehicles (UAVs), machine tools and machine parts.
The EU has also imposed sanctions on imports of goods that generate significant revenues for Russia, and thus allow Russia to continue its aggressive war against Ukraine. In particular, this applies to such goods as cast iron and spiegel steel, copper wire, aluminum wire, foil, tubes and pipes worth a total of 2.2 billion euros per year. euros per year. A new ban on imports of liquefied petroleum gas (LPG) is introduced with a 12-month transition period.
At the same time, the Council decided to introduce some exceptions to the import restrictions, relating to items for personal use, such as personal hygiene items, or clothing worn by travelers or contained in their luggage. hygiene or clothing worn by travelers or contained in their luggage, as well as also for cars that have diplomatic license plates for entry into the EU. In addition, to facilitate entry into the Union for EU citizens residing in Russia, Member States may allow the entry of their cars, provided that they are not are sold and used solely for personal use.
Control over financial transactions.
The new package of sanctions includes a ban on Russian citizens from owning control or hold any positions in the governing bodies of legal entities organizations or bodies that provide wallet, account or custodial services cryptocurrency assets to Russian individuals and residents.
In addition, the existing prohibition on the provision of services will be expanded to also include the provision of enterprise management software and software software for industrial design and manufacturing.
Finally, the EU establishes notification requirements for the transfer of funds outside the EU by any organization established in the EU that is owned or controlled by by an organization established in Russia, or by a Russian citizen or individual or an individual residing in Russia.
Introduction of an oil price cap.
The Council introduced stricter compliance rules to support the implementation of the of the oil price cap and to suppress circumvention. In addition, an enhanced information exchange mechanism information exchange mechanism will allow better identification of vessels and organizations engaged in deceptive activities, such as ship-to-ship transfers used to concealing the origin or destination of cargo and manipulating AIS during transportation of Russian crude oil and oil products.
The Council also decided to introduce rules for notifying the sale of tankers to any third country to make their sale and export more transparent, in particular in the case of second-hand vessels that could be used to evade the the ban on imports of Russian oil or oil products and the G7 Price Cap.
Iron and steel
Today's decision adds Switzerland to the list of partner countries implementing sanctions on imports of iron and steel from Russia, as well as a set of import controls essentially equivalent to those already in place in the EU.
Customized lists
In addition to economic sanctions, the Council decided to include a significant number of additional individuals and legal entities that contribute to the war in Ukraine.
Optional
In the conclusions of the European Council of October 26-27, 2023, the EU reaffirmed its strong condemnation of Russia's aggressive war against Ukraine, which is a clear violation of the the UN Charter, and reaffirmed the EU's unwavering support for Ukraine's independence, sovereignty and territorial integrity of Ukraine within its internationally recognized borders and its inherent right to self-defense against Russian aggression.
The European Union will continue to provide strong financial, economic humanitarian, military and diplomatic support to Ukraine and its people for as long as necessary, as long as necessary.
The relevant legal acts will soon be published in the Official Journal of the OF THE EUROPEAN UNION.
