European Union envoys have approved a new raft of sanctions against Russia, set to enter into force next week on the third anniversary of its full-scale invasion of Ukraine. The EU has been sidelined from U.S.-led talks to end the war. Since President Vladimir Putin ordered his troops into Ukraine in February 24, 2022, the EU has imposed several rounds of sanctions on Russia, targeting over 2,300 officials and entities, including government agencies, banks, and organizations.
The latest sanctions, the 16th package of measures, include travel bans, asset freezes, and trade restrictions. These measures were approved by EU ambassadors and are pending final endorsement by EU foreign ministers on Monday before they can take effect. Among the new sanctions are measures aimed at Russia's 'shadow fleet' of ships used to circumvent restrictions on transporting oil and gas or carrying stolen Ukrainian grain. Approximately 70 vessels believed to be part of the shadow fleet will be added to the existing list of over 50.
