The European Union Council Adopts a 12th Package of Sanctions Against Russia

Posted by Jessica Hajj on 12/21/23 5:00 PM

On Dec. 18, 2023, The European Union Council has adopted a 12th package of sanctions against Russia.

The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, aimed at preventing sanctions circumvention.

Other focus points include:

  • The European Union (EU) is imposing a prohibition on the direct or indirect import, purchase, or transfer of diamonds from Russia.
  • Additional import and export controls and restrictions with the list expanded beyond dual-use goods to deal with items that could contribute to the technological enhancement of Russia’s defense and security sector such as: chemicals, lithium batteries, thermostats, DC motors and servomotors for unmanned aerial vehicles (UAV), machine tools and machinery parts.
  • The transit ban that currently applies to dual-use goods and technologies exported from the EU to third countries via the territory of Russia will be extended to all battlefield materiel.
  • The Council is introducing tighter compliance rules to support the implementation of the oil price cap and clamp down on circumvention.
  • Iron and Steel update: the EU adds Switzerland and Norway to a list of partner countries which apply a set of restrictive measures on imports of iron and steel from Russia, and a set of import control measures that are substantially equivalent to those of the EU.
  • The Council intends to list a significant amount of additional individuals and entities.

You can find the press release via the following link:

Topics: Sanctions, EU, Russia, Council of the European Union

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