EU Plans New Sanctions Targeting Russian Oligarchs, a Singer, Gas, and Defence Sector

In a bid to escalate pressure on Russia, EU is preparing to expand its sanctions regime, targeting 20 individuals and 22 entities in its latest package of sanctions.

These sanctions, aimed at curtailing Russia’s economic and strategic activities, have been detailed by sources cited in a report by EUobserver.

Among the prominent figures to be included on the EU’s blacklist are Polina Gagarina, a well-known Russian singer and actress, along with two oligarchs: Igor Altushkin, founder of the Russian Copper Company, and Roman Trotsenko, a prominent businessman.

The sanctions will involve asset freezes and travel bans within the EU.

Also slated for restrictions is Timuraz Bolloyev, president of Baltika Breweries, who garnered attention last year for the controversial takeover of Danish company Carlsberg’s Russian breweries.

The proposed sanctions extend beyond individuals to encompass entities deemed supportive of Russian interests. This includes the inclusion of pro-Russian film director Alex Goreslavsky and the Kremlin-funded “non-governmental organisation,” the Moscow Institute for Internet Development.

Additionally, directors of Russian military factories, lower-ranking officials, and representatives from energy companies are among those listed, highlighting the EU’s intent to choke off support for Russia’s defense and industrial sectors.

The new sanctions package also imposes limitations on the supply of Russian liquefied natural gas and its oil tanker fleet, as well as restrictions on helium exports and access to dual-use technologies.

Notably, one sanctioned military firm is responsible for manufacturing what the EU has described as “highly unusual” weaponry, including underwater pistols and silent firearms.

According to sources familiar with the matter, Hungary has already consented to the adoption of the sanctions package, underscoring a unified front within the EU.

Germany, meanwhile, is poised to propose amendments aimed at tightening regulations for EU subsidiaries operating in Russia.

A decision on these amendments is expected to be reached ahead of the Foreign Affairs Ministers’ meeting scheduled for June 24.

Read also:

New U.S. Sanctions Sever Russia’s Ties to Global Financial System

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