The EU has introduced further economic and individual sanctions against Russia on Friday, December 16th, in response to the ongoing conflict in Ukraine and the annexation of Ukraine’s Donetsk, Luhansk, Zaporizhzhia, and Kherson regions. This is the ninth sanctions package since the conflict began in February 2022. The latest package extends the lists of restricted items and entities connected to Russia’s military and industrial complex, on whom tighter export restrictions apply. Additionally, the new package targets the Russian mining sector, prohibits EU nationals from holding any posts on the governing bodies of all Russian State-owned or controlled legal persons, entities, or bodies, amends the import ban on steel products, and introduces sanctions against three additional Russian banks. The new measures include changes to Council Regulation (EU) 833/2014 and Council Regulation (EU) 269/2014.

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