EU extends economic sanctions against Russia
The EU Council announced that the restrictive measures first imposed on Russia in 2014 due to its destabilizing actions in Ukraine have been extended until January 31, 2026. The statement reminded that EU sanctions were significantly expanded following Russia’s attack on Ukraine in February 2022. The EU sanctions impose a wide range of restrictions on […]
New Zealand targets North Korean military support for Russia with new sanctions
Wellington accuses DPRK of helping Moscow ‘sustain its illegal war of aggression,’ pledging to hold it accountable. New Zealand Foreign Minister Winston Peters has announced new sanctions on crucial enablers of Russia’s illegal war against Ukraine. This latest round of sanctions targets actors involved in Russia’s military-industrial complex, supporters from North Korea, Iran, and Belarus, […]
Australia places sanctions on 60 Russian tankers
According to Splash 24/7, the government of Australia has imposed targeted sanctions on 60 vessels linked to Russia’s so-called shadow fleet used to circumvent restrictions on oil and gas exports. Australia’s minister for foreign affairs, Penny Wong, said that the sanctions reinforce the country’s “consistent commitment to ensuring Russia and those enabling its illegal invasion […]
UK’s new sanctions set is targeting Russia’s oil, military, financial networks
Among most high-profile targets are 20 oil tankers linked to what has been referred to as Russian President Putin’s ‘shadow fleet’. The UK announced a fresh package of sanctions against Russia, targeting key sectors of the country’s economy in response to what Downing Street described as President Vladimir Putin’s “continued aggression.” In a statement released, […]
EU prepares sanctions on Chinese banks over Russia ties
According to Bloomberg, The European Union leadership is planning to ban European companies from cooperating with two Chinese banks that have been helping Russia circumvent existing trade restrictions. According to draft documents, financial institutions operating within the European Union will be prohibited from conducting any transactions with two regional Chinese banks located near the China-Russia […]
EU finalizes 17th sanctions package against Russia
The new measures, approved on the eve of a possible face-to-face meeting between Putin and Zelensky, focus mainly on Moscow’s “ghost fleet,” effectively extending the restrictions already in place to more vessels, individuals, and entities linked to the Kremlin’s war effort. The ambassadors of the 27 member states finalized the 17th package of sanctions against […]
Zelensky imposes sanctions on former advisor Oleksiy Arestovych
Volodymyr Zelensky imposed personal sanctions against Oleksiy Arestovych, former advisor to the Ukrainian President’s Office, who now lives outside of Ukraine. The move came as part of a sanctions package against a list of 76 individuals and 81 companies, compiled by Ukraine’s National Security and Defense Council. Arestovych, who was one of Zelensky’s most outspoken […]
Poland sanctions Russian discount supermarket chain
The Polish interior ministry has placed a discount supermarket chain and its Russian owners on the sanctions list. According to Poland’s National Tax Administration (KAS), which filed the sanction request, the company “indirectly supports Russia’s aggression in Ukraine”. Torgservis PL recently returned to Poland with its discount supermarket MyPrice, the first of which opened in […]
Major Dutch shipyard suspected of breaching Russian sanctions
Dutch authorities have initiated criminal proceedings against the nation’s largest shipbuilder, Damen Shipyards, for allegedly violating Russian sanctions established after the invasion of Ukraine. According to The Brussels Times, located in Gorinchem near the Port of Rotterdam, Damen Shipyards is under investigation for corruption, forgery, and money laundering, as well as for breaking sanctions tied […]
Ukraine bans China’s firms because of helping Russia
Ukraine imposed sanctions on three Chinese companies, claiming they were involved in production of advanced Iskander missiles, a day after President Volodymyr Zelenskiy alleged that China had been supplying weapons to Russia. Zelenskiy’s administration published an updated list of sanctioned entities. The list, which also includes Russian companies, named Beijing Aviation And Aerospace Xianghui Technology […]