Our sanctions are hitting Putin's system hard.
And we are determined to make the Kremlin pay for the latest steps on the escalation path.
We welcome the adoption by @EUcouncil@twitter.com of our eighth package of sanctions against Russia.
Learn more ↓ #StandWithUkraine
Additional export restrictions have been introduced which aim to reduce Russia’s access to military, industrial and technological items, as well as its ability to develop its defence and security sector.
New import bans on Russian products.
This will keep Russian products out of the European market and deprive Russia of an additional €7 billion in revenues.
Today's package marks the beginning of the implementation within the EU of the G7 agreement on Russian oil exports.
This oil price cap will reduce Russia's revenues and keep global energy markets stable.
Ban on EU nationals from holding posts in the governing bodies of certain state-owned enterprises.
