Belarus, which the EU accuses of “complicity” in Russia’s offensive, is also targeted.
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Published on 03/09/2022 05:26 PM Updated on 03/09/2022 05:47 PM
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These decisions are meant to “complement” three sets of measures already taken by the European Union (EU) over the past two weeks. On Wednesday, March 9, the G27 decided to extend their sanctions against Moscow and Minsk in response to Russia’s invasion of Ukraine.
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Fourteen oligarchs and businessmen employed in key sectors of the Russian economy (agriculture, metallurgy, telecommunications…) and members of their families, as well as 146 members of the Federation Council of Russia (the upper house of the Russian parliament) have been added to the list of persons and organizations who are denied entry in the EU and whose assets in Europe are frozen. In total, the European blacklist, created since the annexation of Crimea by Russia in 2014, now includes 862 people and 53 organizations.
Member states have also decided to ban the export to Russia of parts and technology destined for the maritime sector, in particular in the field of radio communications, in order to penalize the country’s vehicles and freight after already targeting the air sector. .
Belarus, which the EU accuses of “complicity” in Russia’s offensive, is also targeted. Twenty-Seven also decided to disconnect three Belarusian banks from the international Swift system, a secure platform that allows transactions such as the transit of payment orders and funds transfer orders between banks. Since the end of February, seven Russian banks have been disconnected from Swift. The Europeans also prohibit all transactions related to the assets of the Belarusian Central Bank.
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