[Russia] - EU Imposes Fresh Sanctions on 121 Russian Businesses and Individuals

INSUBCONTINENT EXCLUSIVE:
New EU sanctions over Russias war in Ukraine embraced on Saturday target 121 individuals and entities, consisting of Iranian drone
producers, officials said.The procedures, which were officially adopted on Saturday, are the 10th round of European Union sanctions focused
on damaging Russias finances and military materials used in its intrusion of Ukraine.They echo sanctions revealed on Friday by the United
States and the United Kingdom and follow up on a G7 declaration that cautioned of charges for any nation abetting Russia in its war.The
succeeding round of EU measures are the most significant sanctions ever-- depleting Russias war toolbox and biting deep into its economy,
European Commission chief Ursula von der Leyen said
We are likewise turning up the pressure on those attempting to prevent our sanctions
The most current EU sanctions target an extra 96 Russian entities-- indicating services or state companies-- consisting of another 3 Russian
banks, according to an EU statement.Seven Iranian entities are consisted of in this round, all manufacturers of self-exploding drones Russia
has actually been using to strike Ukrainian targets including civilian facilities and domestic buildings.An export ban on industrial goods
to Russia is broadened to include dual-use items such as electronics, specialized lorries, machine parts, spare parts for trucks and jet
engines, antennae, cranes, drones, rare earth materials, electronic circuits and thermal cameras.Trade in those items, which battlefield
proof suggests Moscow is using for its war, totals up to more than 11 billion euros ($12 billion), according to EU officials
Sanctions on Russias propaganda outlets were also stepped up, with transfer to suspend the broadcasting licenses of the Arabic outlets of
state-controlled media groups RT and Sputnik, which are already prohibited in Europe.The measures likewise need EU member states to make
more comprehensive reporting on properties took from approved Russians supporting the Kremlin, and the frozen funds of Russias Central Bank.