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ARTICLE · 29 DECEMBER 2022

The EU Issues A Ninth Package Of Sanctions Against Russia

Winston Taylor
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Right before the end of the year, on December 16, 2022, the EU adopted the ninth package of sanctions against Russia.

GlobalInternational Law
Mariana Pendás Fernández
Mariana Pendás Fernández
Esthefania Rodriguez
Esthefania Rodriguez
Cari N. Stinebower
Cari N. Stinebower

Right before the end of the year, on December 16, 2022, the EU adopted the ninth package of sanctions against Russia. This new package includes additional designations, export control restrictions, additional service and media bans, and new sectoral measures targeting the Russian energy and mining sectors.

In more detail, the new sanctions package includes restrictions such as:

  • Additional designations. The EU has designated almost 200 individuals and entities. This includes the Russian armed forces, as well as individual officers and defense industrial companies, members of the State Duma and Federation Council, ministers, and Russian proxy authorities in occupied areas of Ukraine and political parties, among others. This also includes two new Russian banks (Credit Bank of Moscow and Dalnevostochny Bank).The EU has also issued a full transaction ban on the Russian Regional Development Bank.

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