EU Readies 13th Sanctions Package to Close Loopholes and Pressure Russia

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The European Union is preparing a new round of sanctions aimed at Russia, targeting loopholes used by third countries to dodge existing measures. This plan was outlined by the head of the European Commission, Ursula von der Leyen, during recent discussions about enforcing the bloc’s stance on Moscow. The goal is clear: identify and stop circumvention through third nations and hold contributing companies accountable through targeted penalties as part of the 13th sanctions package.

During the Munich Security Conference, von der Leyen stressed that the EU is actively tracking nations and entities that help evade sanctions. She indicated that authorities would widen restrictions on those helping to move or conceal proceeds from Russia and that the new package would focus on these channels to prevent revenue from sustaining Russia’s aggression.

In comments made around mid-February, officials indicated that the AK has been using funds from frozen Russian assets to finance weapons for use in Ukraine. The implication is that the EU intends to tighten enforcement to disrupt these flows and reduce the money available to Moscow for military purposes.

On the eve of further discussions, EU representatives did not rule out the possibility of extending penalties to North Korea for allegedly supplying military equipment to Russia. The discussion reflects a broader European strategy to close gaps that allow additional actors to contribute to Russia’s war effort.

Prevailing reports note that the European Union purchased Russian oil and gas in substantial amounts in 2023, though at a markedly lower level than in 2022. The shift illustrates how sanctions are affecting energy trade and how the EU is balancing security concerns with economic considerations.

Separately, Swiss authorities announced an ongoing probe into potential breaches of sanctions related to Russia. This development underscores the international dimension of efforts to enforce restrictions and deter sanction evasion across borders, signaling that enforcement will continue to be rigorous and collaborative among allied nations. Notes: these statements come from official EU channels and related government inquiries cited in contemporary coverage.

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