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more than 100 companies and individuals from Russia will be included in the new EU sanctions package

May 17, 2023

The new EU sanctions list will include more than a hundred new companies and people from Russia, reports EUobserver. It is specified that these restrictive measures will be introduced with the new 11th round of sanctions against the Russian Federation.

“Proposals for the 11th Russia sanctions package, seen by EUobserver, include new special licenses for financial transactions and legal services intended to help European businesses escape (Russia’s) control,” the report said. .

It is also known that foreign companies leaving Russia may pay up to 25% of their profits in the country.

On the eve, it was reported that the European Union opposes the introduction of a complete ban on gas supplies to Russia through gas pipelines.

Read the Russia Ukraine News on The Eastern Herald.

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