European Union countries on Wednesday agreed on a new package of sanctions against Russia for its war against Ukraine aimed at countering sanctions circumvention through third countries and businesses. Know more:
European Commission President Ursula von der Leyen addresses the opening session on the first day of the Ukraine Recovery Conference in London on Wednesday, June 21, 2023. Ukraine’s allies pledged several billion dollars in non-military aid on Wednesday to rebuild its war-ravaged infrastructure, fight corruption and help pave the country’s road to membership in the European Union.
European Commission President Ursula von der Leyen, the head of the EU’s executive arm, said the new package will “deal a further blow to Putin’s war machine with tightened export restrictions, targeting entities supporting the Kremlin.” It also prohibits the transit via Russia of products and technologies that might help boost its defense and security sector.
“It does give a big stick with which the EU can say: ‘please don’t do it,’ and then, if it continues we go to restrictive measures,” said an official from an EU nation on condition of anonymity because the rules had yet to be published in the EU’s official journal.“We need to look for a balance with nations. When we address their bad behavior, we have to make sure we don’t immediately drive them into the arms of Putin,” the official said.
In addition, the package extends the suspension of the broadcasting licenses in the EU of five Russian media outlets under state control.
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