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EU Extends Sanctions on Russia for Continued Aggression Against Ukraine

Cyprus Gaming and casino supervision commission > AML > EU Extends Sanctions on Russia for Continued Aggression Against Ukraine

EU Extends Sanctions on Russia for Continued Aggression Against Ukraine

  • Posted by: Pambos Kyriacou

The Council renewed the EU restrictive measures in view of the Russian Federation’s continuing actions destabilising the situation in Ukraine for a further 6 months, until 31 January 2025.

They currently consist of a broad spectrum of sectoral measures, including restrictions on trade, finance, technology and dual-use goods, industry, transport and luxury goods. They also cover: a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, a de-SWIFTing of several Russian banks and the suspension of the broadcasting activities and licenses in the European Union of several Kremlin-backed disinformation outlets. Additionally, specific measures enable the EU to counter sanctions circumvention. 

View the relevant  announcement here