New sanctions package will have ‘massive and severe’ consequences on Russia

EU foreign ministers adopted a further package of restrictive measures that will have massive and severe consequences for Russia today (25 February). The measures cover the financial sector, the energy and transport sectors, dual-use goods, export control and export financing, visa policy, additional sanctions against Russian individuals and new listing criteria.

“In a sign of immediate support for Ukraine, we have adopted a sanctions package agreed last night by the leaders of the member states,” said the EU High Representative Josep Borrell. “This is an unprecedented package – both in speed and extent. These sanctions are the most hard hitting package we have ever implemented. They are designed to cripple the ability of Russia to continue the aggression and finance the occupation [of Ukraine].”

Ministers agreed to intensify diplomatic efforts to ensure the widest possible international condemnation of Russia's illegal and unprovoked aggression. There was also clear consensus to continue to support Ukraine and to step up efforts to tackle disinformation.

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