EUROPEAN UNION PROPOSES SANCTIONS – Sanctions | BelarusVC
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EUROPEAN UNION PROPOSES SANCTIONS

Export ban on metallurgical resources and equipment

The European Union has proposed banning EU countries from purchasing metals, minerals, and rare earth elements from Russia worth €570 million annually as part of the 20th sanctions package, von der Leyen reported. The proposal also calls for banning the export of computer and radio equipment to countries suspected of re-exporting technology to Russia. The sanctions program aims to restrict Russia's access to critical materials and equipment.

Context

The 20th EU sanctions package includes several measures aimed at restricting Russia's access to rare and strategically important resources.

Summary:

The EU plans to strengthen sanctions against Russia by restricting the export of key materials and equipment.