{"id":97688,"date":"2022-02-26T20:17:04","date_gmt":"2022-02-26T19:17:04","guid":{"rendered":"https:\/\/www.cde.ual.es\/?p=97688"},"modified":"2022-02-26T20:18:23","modified_gmt":"2022-02-26T19:18:23","slug":"russias-military-aggression-against-ukraine-eu-imposes-sanctions-against-president-putin-and-foreign-minister-lavrov-and-adopts-wide-ranging-individual-and-economic-sanctions","status":"publish","type":"post","link":"https:\/\/www.cde.ual.es\/en\/russias-military-aggression-against-ukraine-eu-imposes-sanctions-against-president-putin-and-foreign-minister-lavrov-and-adopts-wide-ranging-individual-and-economic-sanctions\/","title":{"rendered":"Russia\u2019s military aggression against Ukraine: EU imposes sanctions against President Putin and Foreign Minister Lavrov and adopts wide ranging individual and economic sanctions"},"content":{"rendered":"<p>The EU today decided to sanction\u00a0<strong>Vladimir Putin, President of the Russian Federation<\/strong>\u00a0and<strong>\u00a0Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation.<\/strong><\/p>\n<p>The Council also agreed on a further package of individual and economic measures\u00a0<strong>covering also Belarus<\/strong>\u00a0to respond to the\u00a0<strong>unprovoked and unjustified military aggression<\/strong>\u00a0carried out by the Russian Federation against Ukraine.<\/p>\n<p><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.consilium.europa.eu\/media\/41992\/e9f50612-bda3-774a-9704-a12da0cf1379.jpg\" alt=\"\" width=\"146\" height=\"146\" \/><\/p>\n<div class=\"quote_txt\">\n<p><em>President Putin and his government started a war against an independent, sovereign neighbouring country. The behaviour of the Russian leadership constitutes a major threat to international peace and security. Today, we are replying with the strongest possible restrictive measures. The European Union is united in its resolve, together with international partners and allies, to defend the peace order, international law and the rules based system. <\/em>Josep Borrell, High Representative for Foreign Affairs and Security Policy<\/p>\n<p>Swiftly implementing the European Council conclusions of 24 February, the package of sanctions adopted today includes:<\/p>\n<h3>Individual sanctions<\/h3>\n<p>In addition to freezing the assets the\u00a0<strong>Russian President and Minister of Foreign Affairs<\/strong>, the EU will\u00a0<strong>impose restrictive measures\u00a0<\/strong>on the\u00a0<strong>members of the National Security Council<\/strong>\u00a0of the Russian Federation who supported Russia\u2019s immediate recognition of the two non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine as independent entities. Sanctions will also be extended to the\u00a0<strong>remaining members of the Russian State Duma<\/strong>, who ratified the government decision of the Treaty of Friendship, Cooperation and Mutual Assistance between the Russian Federation and the two entities.<\/p>\n<p>Furthermore, the EU will also target those individuals, who\u00a0<strong>facilitated the Russian military aggression from Belarus<\/strong>.<\/p>\n<h3>Economic sanctions<\/h3>\n<ul>\n<li><u>Financial sanctions<\/u><\/li>\n<\/ul>\n<p>The package adopted today further\u00a0<strong>expands the existing financial restrictions<\/strong>, thereby cutting Russian access to the most important<strong>\u00a0capital markets<\/strong>. It also prohibits the listing and provision of services in relation to\u00a0<strong>shares<\/strong>\u00a0of Russian state-owned entities on\u00a0<strong>EU trading venues<\/strong>. In addition, it introduces new measures which significantly\u00a0<strong>limit the financial inflows<\/strong>\u00a0from Russia to the EU, by prohibiting the acceptance of deposits exceeding certain values from Russian nationals or residents, the holding of accounts of Russian clients by the EU Central Securities Depositories, as well as the selling of euro-denominated securities to Russian clients.<\/p>\n<p>These sanctions will\u00a0<strong>target 70% of the Russian banking market, and key state-owned companies<\/strong>, including in the field of defence. They will increase Russia&#8217;s borrowing costs, raise inflation and gradually erode Russia&#8217;s industrial base. Additionally measures are taken to prevent the Russian elite&#8217;s fortunes from being hidden in\u00a0<strong>safe havens<\/strong>\u00a0in Europe.<\/p>\n<ul>\n<li><u>Energy sector<\/u><\/li>\n<\/ul>\n<p>The EU will prohibit the sale, supply, transfer or export to Russia of specific goods and technologies in\u00a0<strong>oil refining<\/strong>, and will introduce restrictions on the provision of related services.<\/p>\n<p>By introducing such\u00a0<strong>export ban<\/strong>, the EU intends to hit the Russian oil sector, and make it impossible for Russia to upgrade its oil refineries.<\/p>\n<p>Russia&#8217;s export revenues accounted for EUR 24 billion in 2019.<\/p>\n<ul>\n<li><u>Transport sector<\/u><\/li>\n<\/ul>\n<p>The EU introduced an export ban covering goods and technology in the\u00a0<strong>aviation and space industry<\/strong>, as well as a prohibition on the provision of insurance and reinsurance and maintenance services related to those goods and technology. The EU will also prohibit the provision of related technical and financial assistance.<\/p>\n<p>This\u00a0<strong>ban on the<\/strong>\u00a0<strong>sale of all aircrafts, spare parts and equipment<\/strong>\u00a0<strong>to Russian airlines<\/strong>\u00a0will degrade one of the key sectors of Russia&#8217;s economy and the country&#8217;s connectivity, as three quarters of Russia&#8217;s current commercial air fleet were built in the EU, the US and Canada.<\/p>\n<ul>\n<li><u>Technology sector<\/u><\/li>\n<\/ul>\n<p>The EU imposed further\u00a0<strong>restrictions on exports of dual-use goods and technology<\/strong>, as well as restrictions on exports of certain goods and technology which might contribute to Russia\u2019s technological enhancement of its\u00a0<strong>defence and security sector<\/strong>.<\/p>\n<p>This will include products such as\u00a0<strong>semiconductors or cutting-edge technologies<\/strong>.<\/p>\n<ul>\n<li><u>Visa policy<\/u><\/li>\n<\/ul>\n<p>Diplomats, other Russian officials, and business people will no longer be able to benefit from visa facilitation provisions, which allow privileged access to the EU. This decision will not affect ordinary Russian citizens. The decision will enter into force on the day of the adoption.<\/p>\n<p>The European Union condemns in the strongest possible terms the Russian Federation\u2019s unprovoked and unjustified military aggression against Ukraine, as well as the involvement of Belarus in this aggression.<\/p>\n<p>The European Union demands that Russia immediately ceases its military actions, unconditionally withdraws all forces and military equipment from the entire territory of Ukraine and fully respects Ukraine\u2019s territorial integrity, sovereignty and independence within its internationally recognised borders. The European Council calls on Russia and Russia-backed armed formations to respect international humanitarian law and stop their disinformation campaign and cyber-attacks.<\/p>\n<p>The use of force and coercion to change borders has no place in the 21st century. Tensions and conflict should be resolved exclusively through dialogue and diplomacy. The EU will continue cooperating closely with neighbours and reiterates its unwavering support for, and commitment to, the sovereignty and territorial integrity of Georgia and of the Republic of Moldova. It will continue strong coordination with partners and allies, within the UN, OSCE, NATO and the G7.<\/p>\n<p>The relevant legal acts, including the names of the persons concerned by restrictive measures, will be published in the Official Journal.<\/p>\n<p><strong><a href=\"https:\/\/www.consilium.europa.eu\/es\/press\/press-releases\/2022\/02\/25\/russia-s-military-aggression-against-ukraine-eu-imposes-sanctions-against-president-putin-and-foreign-minister-lavrov-and-adopts-wide-ranging-individual-and-economic-sanctions\/\" target=\"_blank\" rel=\"noopener\">More information: European Council &#8211; Press release<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The EU today decided to sanction\u00a0Vladimir Putin, President of the Russian Federation\u00a0and\u00a0Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation. The Council also agreed on a further package of individual and economic measures\u00a0covering also Belarus\u00a0to respond to the\u00a0unprovoked and unjustified military aggression\u00a0carried out by the Russian Federation against Ukraine. President Putin and his government [&hellip;]<\/p>\n","protected":false},"author":101012,"featured_media":97689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4075,346,4078],"tags":[2853,3152,5005,3368],"class_list":{"0":"post-97688","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-defence-security","8":"category-eu-news","9":"category-internat-safety-pol","10":"tag-russia","11":"tag-sanctions","12":"tag-ukraine","13":"tag-war","14":"entry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Russia\u2019s military aggression against Ukraine: EU imposes sanctions against President Putin and Foreign Minister Lavrov and adopts wide ranging individual and economic sanctions | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cde.ual.es\/en\/russias-military-aggression-against-ukraine-eu-imposes-sanctions-against-president-putin-and-foreign-minister-lavrov-and-adopts-wide-ranging-individual-and-economic-sanctions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia\u2019s military aggression against Ukraine: EU imposes sanctions against President Putin and Foreign Minister Lavrov and adopts wide ranging individual and economic sanctions | CDE Almer\u00eda - Centro de Documentaci\u00f3n Europea - Universidad de Almer\u00eda\" \/>\n<meta property=\"og:description\" content=\"The EU today decided to sanction\u00a0Vladimir Putin, President of the Russian Federation\u00a0and\u00a0Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation. The Council also agreed on a further package of individual and economic measures\u00a0covering also Belarus\u00a0to respond to the\u00a0unprovoked and unjustified military aggression\u00a0carried out by the Russian Federation against Ukraine. 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