The Council adopted the 21st package of restrictive measures against Russia in response to its war of aggression against Ukraine. It includes harsh economic sanctions hitting the sectors that have the greatest impact on Russia’s economy and its ability to fuel its war of aggression against Ukraine, and the largest batch of individual listings of the last four years, totalling 218, of which 48 individuals and 170 entities.

Among the key measures are additional restrictions on Russian banks and financial institutions, crypto-asset service providers, vessels associated with Russia’s shadow fleet, and entities supporting Russia’s military-industrial complex. The package also includes further measures aimed at limiting Russia’s energy revenues and its ability to circumvent existing EU sanctions.

For more details, please refer to the relevant Press Release  here.