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Bangkok Post
Bangkok Post
Business

EU agrees on new sanctions against Russia

Pedestrians walk past a statue of the composer Sergei Prokofiev in central Moscow on Oct 15, 2022. (Photo: New York Times)

BRUSSELS: The European Union (EU) on Friday approved a new round of sanctions against Russia, including banning drone exports to the country, as the bloc strives to maintain a united front and keep up financial pressure on Moscow over the Kremlin’s war in Ukraine.

Friday’s package is the ninth round of such financial punishments against Moscow aimed at limiting the Kremlin’s revenues by banning transactions, freezing the assets of individuals and cutting Russia off from European markets. The most potent of these measures — a near-total embargo on the import of Russian oil — went into effect this month.

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