On 24 June 2024, the European Union (EU) agreed the long-awaited 14th package of sanctions against Russia. These latest measures introduce several new thematic restrictions and are introduced off the back of several new UK and U.S. restrictions imposed over the course of the past few weeks.
The latest measures are contained in (A) Council Regulation 2024/1746 which amends Council Regulation (EU) No 269/2014; and (B) Council Regulation (EU) 2024/1745 which amends Council Regulation (EU) No 833/2014.
Asset Freeze Restrictions
The EU has imposed asset freeze measures on an additional 116 individuals and entities. These can be found here. Of note in the transportation industry are Sovcomflot and the Volga Dnepr Group.
Continue Reading EU 14th Sanctions Package against Russia