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SAFETY4SEA

EU adopts 10th package of Russia sanctions

by The Editorial Team
March 7, 2023
in Shipping
Russia sanctions

Credits: Shutterstock

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On 25 February 2023 the EU adopted the 10 package of Russian sanctions. 24 February marks one year since Russia’s full-scale invasion of Ukraine and 9 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.

This package contains the following elements:

Additional listings

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The EU has added about 121 individuals and entities to our sanction list, including Russian decisionmakers, senior government officials and military leaders complicit in the war against Ukraine, as well as proxy authorities installed by Russia in the occupied territories in Ukraine, among others.

Additional EU export bans and restrictions

New export restrictions have been introduced on sensitive dual-use and advanced technologies  that contribute to Russia’s military capabilities and technological enhancement, based on information received from Ukraine. This includes additional electronic components used in Russian weapons systems (drones, missiles, helicopters, other vehicles), as well as bans on specific rare earths and thermal cameras with military applications.

Technical amendments

  • Amendment to allow the provision of pilot services necessary for maritime safety.
  • Definition of the term “import” to avoid goods being “stranded” in long customs procedures.

Enforcement and anti-circumvention measures

The package imposes new reporting obligations on Russian Central Bank assets. This is especially important regarding the possible use of public Russian assets to fund the reconstruction of Ukraine after Russia is defeated.

Other measures include the following:

  • Reporting obligations on frozen assets (including for dealings before listings) and assets which
    should be frozen.
  • Private flights between the EU and Russia, directly or via third countries, should be notified in
    advance.
  • Prohibition to transit dual use goods and firearms via the territory of Russia to third countries.

The EU’s sanctions against Russia are proving effective. They are limiting Russia’s ability to wage the war against Ukraine, including to manufacture new weapons and repair existing ones, as well as hinder its transport of material.

EXPLORE MORE HERE

EU adopts 10th package of Russia sanctions
EU adopts 10th package of Russia sanctions
Tags: EUSanctionsUkraine
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