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ARTICLE · 08 MARCH 2023

The EU Issues A Tenth Package Of Sanctions Against Russia

In light of the recent wave of sanctions against Russia issued by the United States, the European Union ("EU") issued a tenth package of Russia sanctions on February 25, 2023.

GlobalInternational Law

In light of the recent wave of sanctions against Russia issued by the United States (see Winston & Strawn's post here), the European Union ("EU") issued a tenth package of Russia sanctions on February 25, 2023. This package includes new designations, import and export control bans and restrictions, sanctions enforcement and anti-circumvention measures, and additional measures related to Russian media entities, services by Russian nationals in critical EU infrastructure, gas storage, and divestment.

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

  • Additional designations. The EU imposed asset freezes on 87 individuals and 34 entities. This includes Russian banks Alfa-Bank, Rosbank, and Tinkoff Bank; the National Wealth Fund of the Russian Federation and the Russian National Reinsurance Company; Russian decision-makers; entities operating in the military sector; senior government officials; military leaders complicit in the war against

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