In response to Russia’s continuing war of aggression against Ukraine and the gravity of the current escalation against civilians and civilian infrastructure, the EU Council adopted a 9th package of new measures intended to step up pressure on Russia and its government. The 9th package imposes new export controls and restrictions on dual-use goods and technology as well as goods and technology that can contribute to the technological enhancement of Russia’s defence and security sector.
The agreed package measures intended to hit hard Russian economy and abilities to continue its aggression. It significantly expands the list of entities connected to Russia’s military and industrial complex by additional 168 entities targeted by sectoral measures. To avoid circumvention, some Russian-controlled entities based in illegally annexed Crimea or Sevastopol are also included in the list.
The EU will expand the export ban on aviation and the space industry related goods and technology to include aircraft engines and their parts.
The EU will impose an asset freeze against two additional Russian banks and add the Russian Regional Development Bank to the list of Russian State-owned or controlled entities that are subject to a full transaction ban.
The decisions introduce a ban on the provision of EU advertising, market research and public opinion polling services, as well as product testing and technical inspection services to the Russian Federation.
