EU plans to ban Russian soldiers from bloc in fresh sanctions on Moscow
Summary
The European Union plans to ban Russian soldiers who have served since the start of the Ukraine war from entering its territory. The EU is also introducing new sanctions targeting Russian banks, crypto firms, oil revenues, and other industries to weaken Russia’s ability to continue the war.Key Facts
- The EU intends to ban visas for all persons who have served in the Russian armed forces since February 2022.
- This is part of the EU’s 21st set of sanctions since Russia’s full-scale invasion of Ukraine began.
- The EU will keep a price cap on Russian oil at $44 per barrel until January 2027 to limit Kremlin profits.
- About 30 more “shadow fleet” ships, which help Russia avoid sanctions, will be blacklisted.
- Sanctions will expand to 20 banks, crypto companies, and oil traders in third countries aiding Russia.
- The EU may ban Russian fish imports like cod and restrict other species’ trade.
- Russian metals, ores, and car parts worth €60 million will be banned to cut economic ties.
- Ukraine and Moldova are expected to start formal EU membership talks next week.
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