Moscow: The EU agreed to a new wave of sanctions over Russia’s war in Ukraine on Friday, the one-year anniversary of Moscow’s invasion, the bloc’s Swedish presidency stated.

The package, which is the 10th the EU has implemented since Russia’s invasion on February 24, 2022, involves, according to the statement, “targeted restrictive measures against individuals and entities supporting the conflict, distributing propaganda, or shipping drones used by Russia in the war.”

The measures’ final acceptance was anticipated, barring any last-minute objections from an EU member state. The EU’s actions followed a G7 declaration warning of consequences for any nation aiding Russia in its war, which echoed sanctions issued by the United States and the United Kingdom.

That suggested package pledged to cut off Russia’s access to industrial items worth $12 billion and target Iranian drone manufacturers whose unmanned aircraft Moscow has been using to attack Ukrainian targets are equipped with weapons.

Electronics and machine parts that can be used in Russian drones, missiles, helicopters, and other weapons systems are among the products that have been designated as subject to sanctions, according to Commission Chair Ms. Ursula von der Leyen.

Ms. Leyen had stated that the commission’s proposed penalties also listed seven Iranian firms that supplied Russia with dual-use goods. In an effort to reduce Russian President Vladimir Putin’s war chest, the EU has already imposed nine waves of unprecedented sanctions on Moscow, affecting vital Russian commodities including oil.

In an effort to reduce Russian President Mr. Vladimir Putin’s war chest, the EU has already imposed nine waves of unprecedented sanctions on Moscow, affecting vital Russian commodities including oil. Before the EU sanctions accord was made public, Polish Prime Minister Mateusz Morawiecki visited Kiev and criticised the measures from Brussels as being “too soft, too weak.”

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