EU adopts fifth round of sanctions against Russia


EU adopts fifth round of sanctions against Russia

On April 8, 2022, the European Council decided to impose a fifth package of economic and individual sanctions against Russia an Belarus. The package comprises:

•   A prohibition to purchase, import or transfer coal and other solid fossil fuels into the EU if they originate in Russia or are exported from Russia

•   A prohibition to provide access to EU ports to vessels registered under the flag of Russia

•   A ban on any Russian or Belarusian road transport operators preventing them from transporting goods by road within the EU, including in transit

•   Export bans, targeting jet fuel and other goods ( quantum computers and advanced semiconductors, high-end electronics, software, sensitive machinery and transportation equipment, etc.)

•   Import bans on products such as wood, cement, fertilisers, seafood and liquor

•   Targeted economic measures intended to strengthen existing measures, such as a general EU ban on participation of Russian companies in public procurement in member states, the exclusion of all financial support to Russian public bodies

•   Further listings of individuals (companies whose products or technology have played a role in the invasion, key oligarchs, family members of already sanctioned individuals, etc.)

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