Business news from Ukraine

EU imposes 10th package of sanctions against Russia – text

26 February , 2023  

The European Union on Saturday, February 25, enacted the tenth package of sanctions against Russia, the EU press service said.
“The Council decided to introduce restrictive measures against 87 more individuals and 34 legal entities,” the text of the communiqué reads.
The list of restrictive measures includes Russian officials, military leaders, propagandists and, among others, the former general director of Motor Sich, Vyacheslav Boguslayev. He is on trial in Ukraine for treason.
In particular, the sanctions will affect such organizations as Alfa Bank, Rosbank and Tinkoff Bank, Commercial Automobiles – GAZ Group LLC, a number of Rosatom companies, Patriot media group, National Reinsurance Company, and Yevgeny Primakov, head of Rossotrudnichestvo, Russian Human Rights Commissioner Tatyana Moskalkova, Deputy Head of Moscow Region Government Vyacheslav Dukhin for deportation of Ukrainian children to Russia, surgeon Leonid Roshal, head of Russian Presidential Council for Civil Society and Human Rights Valery Fadeev, Rosatomflot enterprise, which operates the Russian nuclear icebreaker fleet, the Russian Defense Ministry, the Russian Foreign Intelligence Service, Kirill Kleimenov, Deputy General Director of Channel One, Alexander Akopov, Deputy General Director of National Media Group, and military commander Alexei Avdeev, Mikhail Teplinsky, military commander, Sergei Karakaev, Rossiya Segodnya media group and executive director Kirill Vyshinsky, Rossiya 24 chief executive Yevgeny Bekasov, Literaturnaya Gazeta chief executive Maxim Zamshev, Regnum agency chief Marina Akhmedova, and Sputnik news agency.
The sanctions also affected four Iranian citizens, including the managing director of the aerospace company Qods Aviation Industry.
The sanctions include an asset freeze, a ban on entry and transit through EU countries and a ban on citizens and companies in the EU providing funds to them.
“We will continue to increase the pressure on Russia for as long as necessary,” said Josep Borrell, head of EU diplomacy.
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