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EU foreign policy chief Josep Borrell has hinted that the European Union has stepped up sanctions against Russia as punishment for its war on Ukraine.
Through a post on “Twitter”, Borrell writes that 160 Russian oligarchs, members of the Council of the Russian Federation, have been blacklisted. There will be sanctions in the banking sector and the banking sector will be hit.
“We are further strengthening the sanctions network in response to Russia’s military aggression against Ukraine. We list 160 individuals: oligarchs, members of the Council of the Russian Federation, the banking sector of Belarus, the export of navigation technology to Russia and the addition of crypto-assets”.
We are further tightening the net of sanctions responding to Russian military aggression against Ukraine
• Listing 160 individuals: oligarchs, Russian Federation Council members
• Belarus banking sector
• Export of maritime navigation technology to Russia
• adding crypto-assets– Josep Borrell Fontelles (@JosepBorrellF) March 9, 2022
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