The EU strengthens sanctions on Russia, stop importing gold

Sumary of The EU strengthens sanctions on Russia, stop importing gold:

  • It is reiterated that EU sanctions do not in any way aim at trade in agricultural products between third countries and Russia.
  • A new import ban on Russian gold is introduced, strengthening export controls on advanced technologies.
  • It will also strengthen reporting obligations to tighten the freezing of assets in the EU.
  • Russia’s brutal war against Ukraine continues unabated.
  • We therefore propose to tighten our tough EU sanctions against the Kremlin, apply them more effectively and extend them until January 2023.

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