UK & Europe
On 15 March 2022, the European Council introduced a fourth package of sanctions against Russia. The move follows an informal meeting attended by EU heads of state and government on 10-11 March.
The sanctions target entities and individuals. Measures include:
The Council has also approved the Commission joining, on the EU’s behalf, a plurilateral statement on Russia’s actions in Ukraine, that is expected to be issued in the context of the World Trade Organization (WTO).
The EU legislation setting out the sanctions is available here:
On the same day (15 March 2022) the UK also announced new sanctions, targeting a further 370 Russian and Belarusian individuals and entities. Those subject to the sanctions will have their assets in the UK frozen, be banned from travelling to the UK and no UK citizen or company may do business with them.
Those subject to the sanctions include Sergei Shoigu - a Russian politician and General of the Army and Dmitry Medvedev - former PM and president of Russia and now deputy chairman of the Russian Security Council. Russian insurance company, Sogaz, has also been sanctioned, bringing the UK into alignment with the EU.
The full UK sanctions list is available here: The UK Sanctions List - GOV.UK (www.gov.uk)