The case
“This package introduces new EU import bans worth €7 billion to curb Russia’s revenues, as well as export restrictions, which will further deprive the Kremlin’s military and industrial complex of key components and technologies and Russia’s economy of European services and expertise. “ Link
Source: EC
The commentary
This package also includes the possibility for so called secondary sanctions. The EU can now target individuals and firms located outside of the EU who help circumvent EU sanction regulations.
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