European Union: Europe adopts 14th sanctions package against Russia

European Union: The Council of the European Union (EU) on Monday announced economic and personal sanctions against Russia. restrictive Announced the adoption of the 14th package of measures. Brussels: The Council of the European Union (EU) on Monday announced the adoption of the 14th package of economic and personal restrictive measures against Russia. According to a statement issued by the Council, these measures target high-value sectors of the Russian economy, including energy, finance and trade, making it more difficult to circumvent EU sanctions, reports Xinhua news agency. The new sanctions include restrictive measures on an additional 116 individuals and entities. In the energy sector, the EU will prohibit reloading services of Russian liquefied natural gas (LNG) on EU territory for transshipment operations in third countries and prohibit new investments, as well as the provision of goods, technology and services to complete LNG projects under construction.

As for finance, the Council recommended neutralizing the effect of restrictive measures by the Central Bank of Russia.advancedEU entities operating outside Russia will be prohibited from connecting to SPFS or equivalent special financial messaging services, and EU operators will be barred from conducting transactions with specially listed entities using SPFS outside Russia, the statement said. The EU has extended the flight ban, extended the ban on transporting goods by road across its territory, and banned the export of goods such as chemicals including manganese ores and rare earth compounds, plastics, excavation machinery, monitors and electrical equipment.