The European Union has published a list of individuals and legal entities included in the 18th package of sanctions against the Russian Federation, which includes 22 Russian and two Chinese banks, four companies linked to the Russian Direct Investment Fund, 26 new entities linked to the Russian military-industrial complex, and eight companies from the Belarusian military-industrial complex.
The sanctions list was published on Saturday, July 19, in the Official Journal.
Thus, 22 Russian banks were hit by sanctions:
T-Bank, Bank Saint Petersburg, Centrocredit Bank, Yandex Bank, Surgutneftegazbank, Metkombank, Severgazbank, Genbank, Bystrobank, Energotransbank, Tatsozbank, Zenit Bank, Transstroybank, Finam Bank, Ozon Bank, Expobank, Lokko Bank, Dom.RF Bank, MSP Bank, Lanta Bank, Bank 131, and RostFinans Bank.
Two Chinese banks were sanctioned by the EU for the first time for providing cryptocurrency services: Heihe Rural Commercial Bank and Heilongjiang Suifenhe Rural Commercial Bank.
Eight companies from Belarus’ military-industrial complex were also added to the sanctions list: Belvneshpromservis, OKB TSP, KB Bespilotnye Vertochnye, Legmash plant, BelOMO’s LEMT scientific and technical center, Laser Devices and Technologies LLC, Vistan, and Rukhservomotor.
Fourteen individuals and 41 organizations responsible for actions that undermine or threaten the territorial integrity, sovereignty, and independence of Ukraine have been added to the sanctions list. This brings the total number of individuals and entities included in the sanctions list to over 2,500.
According to EU High Representative for Foreign Affairs and Security Policy Kaja Kallas, this package is “one of the toughest to date.” “Each sanction weakens Russia’s ability to wage war. The message is clear: Europe will not back down in its support for Ukraine. The EU will continue to increase pressure until Russia ends the war,” she stressed.
As reported, the EU Committee of Permanent Representatives (Coreper) approved the 18th package of EU sanctions against Russia on the morning of July 18.
