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Pakistan's Premier Multilingual News Agency

Tenth round of sanctions by EU against Russia

the EU is keeping a close eye on the situation and that this package will increase pressure on Russia.

Brussels, 16 February 2023 (GNP): By introducing the tenth round of sanctions, the European Union (EU) exerted significant pressure on Russia.

The European Commission President, Ursula von der Leyen, announced the package and observed that Russia’s aggressive war has been wreaking havoc and killing people for the past year.

According to her, Putin is mercilessly attacking people in addition to fighting a bloody war on the battlefield and this must be reimbursed to the aggressor.

She said the EU is keeping a close eye on the situation and that this package will increase pressure on Russia. The package includes an export embargo that would cost the Russian economy an estimated €11 billion in lost industrial and technology exports.

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The package will also impose export restrictions on items with dual uses and high-tech products that Russia uses in its military hardware. For the first time ever, the EU is include entities from third countries in the dual-use penalties on Russia.

Rumor has claimed that Russia has been receiving Shaheed drones from Iran’s Revolutionary Guards to target Ukraine’s civilian infrastructure.

Seven Iranian entities are now included in the dual-use regime according to the EU. They are presently prohibited from selling any sensitive goods to Russia.

Russia’s propaganda system will be limited by the third sanction. With an army of propagandists and misinformation networks, Putin is also waging war in the public sphere. To polarize society at the deepest level, they are disseminating poisonous falsehoods.

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The EU is putting the strongest sanctions in place by establishing additional measures to prevent circumvention, according to President Von Van Leyen.

She further stated that any frozen assets held by the Russian central bank in the EU will be listed by EU member states. This is essential in light of the potential use of Russian state assets to finance Ukrainian rebuilding.

In order to combat circumvention, the EU also collaborates closely with Member States, operators, and partner nations.

In order to guarantee thorough enforcement of sanctions and avoid circumvention, the EU’s Special Envoy, David O’Sullivan, is contacting third-party nations. It is imperative to exert as much pressure as possible on Russia. It is time to stop Russia from escalating things further.

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