EU adopts new package of sanctions on Russia

• Published date: 21 July 2022
• Publication title: LETA

TALLINN, July 21 (LETA--BNS) - On Thursday, July 21, the European Union adopted a new package of sanctions to tighten and strengthen restrictive measures against Russia, as new measures, the import of gold from Russia is prohibited, export restrictions are expanded, and additional persons and entities are added to the list of sanctions.

The Council of the European Union has previously adopted six comprehensive packages of sanctions in response to the Russian aggression in Ukraine. The new package specifies and corrects the wording of previously adopted regulations and adds some exceptions and new restrictive measures. The package includes a ban on the import of gold and gold jewellery from Russia, which is the largest export item of the country after the energy sector. The list of export bans will also be expanded to further hinder the development of the military and defense capabilities of the Russian Federation, according to the Estonian Ministry of Foreign Affairs.

ltogether 48 people and 9 legal entities that have...