Package assumes ban on transactions for Russian petrochemical companies Rosnieft and Gazprom Nieft and sanctions for alleged “shadow ships”. Export restrictions will apply to companies that aid supply the Russian arms industry. besides to be introduced block for transactions in cryptocurrency, further banks in Russia and 3rd countries will be tightened up. Diplomats with a Russian passport will gotta study their intention to enter a given country of the community. The licence or refusal to cross the border shall be decided by each associate State itself.
Ursula von der Leyen, EC President, said, “We know that our sanctions are an effective tool of economical pressure. We will apply them until Russia sits at the negotiating table with Ukraine."
