EU agrees 10th package of sanctions against Russia
On Feb. 25, 2023, the European Commission published an official press release announcing the adoption of a 10th package of sanctions against Russia and those that support it in its illegal aggression against Ukraine.
Feb. 24 marks one year since Russia’s full-scale invasion of Ukraine and nine years since the beginning of Russia’s illegal invasion and occupation of Ukrainian territory. This package is turning up the pressure in response to Putin’s brutal war, including viciously targeting civilians and critical infrastructure.
In order to further increase the effectiveness of EU sanctions, today’s package contains new listings plus trade and financial sanctions, including further export bans worth more than €11 billion, depriving the Russian economy of critical tech and industrial goods. It also steps up enforcement and anti-circumvention measures, including a new reporting obligation on Russian Central Bank assets.