EU Aims to Close Loopholes With Latest Round of Sanctions on Russia

EU Aims to Close Loopholes , With Latest Round of Sanctions on Russia.

EU Aims to Close Loopholes , With Latest Round of Sanctions on Russia.

On June 21, countries in the European Union agreed to a new package of sanctions on Russia amid its ongoing war against Ukraine.

On June 21, countries in the European Union agreed to a new package of sanctions on Russia amid its ongoing war against Ukraine.

'The Independent' reports that Sweden, the current EU president state, said that details of the new measures will be made public later this week.

'The Independent' reports that Sweden, the current EU president state, said that details of the new measures will be made public later this week.

According to Sweden, the package includes measures aimed at preventing the circumvention of sanctions and individual listings.

According to Sweden, the package includes measures aimed at preventing the circumvention of sanctions and individual listings.

The EU has imposed ten rounds of sanctions on Russia since the war began in February of last year.

The EU has imposed ten rounds of sanctions on Russia since the war began in February of last year.

Previous rounds of sanctions have targeted banks, companies and markets.

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Sanctions have also been leveled at Russia's sensitive energy sector, and over 1,000 officials have been subject to travel bans and asset freezes.

Sanctions have also been leveled at Russia's sensitive energy sector, and over 1,000 officials have been subject to travel bans and asset freezes.

'The Independent' reports that previous rounds of sanctions have been part of an effort to close loopholes allowing vital goods to enter Russia.

The upcoming round of sanctions are the first attempt to target trade with other countries.

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Decisions on past waves of sanctions have come extremely quickly, with approvals being reached in just months.

'The Independent' reports that new measures have become harder to endorse for the EU, as they also damage the economic and political interests of member states.