EU: LIST OF SANCTIONS

The Council added on 01/10/20 two persons and four entities to the list of persons and entities subject to restrictive measures with regard to actions compromising or threatening the territorial integrity, sovereignty and independence of the Ukraine.

These measures were adopted in light of the role played by these individuals and entities in building the bridge and railways connecting Russia to the illegally annexed Crimean Peninsula via the Kerch Strait, and further isolating Crimea from Ukraine. .

The sanctions, which now apply to a total of 177 people and 48 entities, include a travel ban and an asset freeze. The travel ban prevents persons on the list from entering or passing in transit through the territory of the European Union, while the freezing of assets concerns the funds or economic resources of the persons and entities concerned. In addition, EU citizens and businesses are prohibited from making funds available to those on the list.

The relevant legislative acts, which contain the names of the persons and entities concerned, have been published in the Official Journal.

The European Union does not recognize the illegal annexation of Crimea and the city of Sevastopol by the Russian Federation and continues to condemn Russia's violation of international law. In addition, the EU continues to provide unwavering support for the territorial integrity, sovereignty and independence of Ukraine.

Context

Individual restrictive measures were first applied on March 17, 2014 in response to unprovoked actions deliberately compromising and destabilizing the territorial integrity of Ukraine. Other measures taken by the EU in response to the crisis in Ukraine include economic sanctions targeting specific sectors of the Russian economy and restrictions on economic relations with Crimea and Sevastopol.

The list of persons and entities targeted by sanctions is subject to constant monitoring and periodic updates by the Board.

JO EU 01/10/20
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2020:318:TOC

Virginie Gastine Menou
RISKS AND YOU
http://www.risquesetvous.fr/
https://www.linkedin.com/company/risques-et-vous

Share the article on the networks!

Articles recent:

IMF: Fiscal Monitor

Budget action to fight the COVID-19 pandemic
A roadmap for the budgetary measures to be taken during the different phases of the pandemic
Public investments for the recovery

en_USEnglish
en_USEnglish fr_FRFrançais es_ESEspañol