Union set

European Union set to announce far-reaching sanctions against Russia


Russian Defense Minister Sergei Shoigu, commanders-in-chief of the Russian Air Force and Black Sea Fleet, top state ‘propagandists’ and 351 Duma deputies are expected to be targeted by EU sanctions to be announced later on Wednesday, The Guardian reported. .

The measures, which must be signed by EU foreign ministers, would go further than those announced by the United States and well beyond Boris Johnson’s sanctions against Russia, according to the report.



If approved, the EU will impose asset freezes and travel bans on 23 people, three banks and a notorious internet ‘troll factory’ in St Petersburg, in response to Russian President Vladimir Putin’s decision to recognize the self-proclaimed republics of Donetsk and Luhansk as independent states.

The bloc is also expected to sanction 351 members of Russia’s State Duma who voted to recognize the two territories, The Guardian reported.

The Russian government will also see new restrictions on its ability to raise funds in EU financial markets. EU officials are drawing up measures to ban trade between the two Russian-held territories in eastern Ukraine, mirroring earlier sanctions against Crimea in 2014.

“Everyone seems to be in favor of adopting the sanctions,” an EU diplomat said.

At the top of the sanctions list is Shoigu, as he is “ultimately responsible for any military action against Ukraine”, according to the draft list seen by The Guardian.

He is joined by Anton Vaino, Putin’s chief of staff, who “plays an active role in decision-making”, as well as Igor Osipov, the commander-in-chief of the Black Sea Fleet, and Sergei Surovikin , the Commander-in-Chief of the Russian Aerospace Forces.

–IANS

without/arm

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor