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Details of EU's 18th sanctions package against Russia revealed

eurointegration.com.ua

Details of EU's 18th sanctions package against Russia revealed

The detailed content of the European Union’s 18th package of sanctions against Russia has been unofficially disclosed in Brussels.

A source in the Council of the EU provided further insights into the sanctions package, expanding on the general outline previously announced by the EU’s High Representative Kaja Kallas.

Energy sector:

Financial sector:

Trade sector:

On the morning of 18 July, the EU’s Committee of Permanent Representatives (Coreper) approved the long-delayed 18th package of EU sanctions against Russia, which had been stalled due to opposition from Slovakia and Malta.

On the evening of 17 July, both countries informed the EU Council that they were ready to withdraw their objections.

The package includes sanctions against 105 shadow-fleet vessels, a lower oil price cap and measures targeting banks and companies outside of Russia that are involved in supporting its war machine.

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