European Union ambassadors have approved the bloc’s 15th package of sanctions against Russia in response to its ongoing military aggression in Ukraine. This decision marks a continued effort to tighten restrictions on Moscow and those facilitating its war effort, both directly and indirectly.
Focus on Circumventing Sanctions
The sanctions package, announced by the Hungarian EU presidency, targets entities within Russia and abroad that aid in circumventing existing export restrictions. A particular emphasis has been placed on addressing vessels operating under third-country flags that support Russian military activities.
By expanding its measures to third-country actors, the EU aims to close gaps in its sanctions regime and limit access to resources fueling Russia’s military operations. The package also imposes additional restrictions on individuals and companies found to be aiding Moscow’s war efforts.
Addressing Russia’s “Shadow Fleet”
A significant component of the new sanctions is the targeting of Russia’s so-called “shadow fleet” – a network of vessels used to evade price caps on seaborne oil exports. These vessels have been instrumental in allowing Russia to sustain oil revenues despite existing sanctions.
The measures include the blacklisting of specific tankers, which will prevent them from operating within EU-controlled jurisdictions or waters. This move is expected to significantly hamper Russia’s ability to use maritime transport to bypass restrictions on its oil exports.
Broader Sanctions and Extensions
In addition to targeting maritime activities, the sanctions package expands the list of individuals and entities under EU restrictions. Reports suggest that this list will include non-Russian actors, notably companies based in China, for the first time. These entities have been identified as providing materials and support to Russia’s military-industrial complex.
The package also grants a temporary extension for the Czech Republic to import Russian oil-based products via Slovakia, a concession made to account for the region’s energy needs during the transition to alternative suppliers.
Formal Adoption Expected
The sanctions package is set to be formally adopted at the EU Foreign Affairs Council meeting on 16 December. European Commission President Ursula von der Leyen has welcomed the measures, emphasising their focus on closing loopholes and targeting the global networks enabling Russia’s war efforts.
Sustained EU Pressure
This 15th sanctions package represents the EU’s continued commitment to applying economic and political pressure on Russia. Since the start of its invasion of Ukraine in February 2022, the EU has introduced a series of measures targeting Russia’s financial, energy, and defence sectors, as well as its political and military leadership.
The inclusion of third-country actors in this latest package signals a broadening of the EU’s approach, ensuring that sanctions remain effective by addressing external facilitators. Analysts view this as a necessary step in countering the evolving strategies employed by Moscow to evade restrictions.
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