The suggested package contains trade bans and controls on technology exports worth €11 billion.
The Commission proposes, among other things, export restrictions on multiple electronic components used in Russian armed systems, such as drones, missiles, and helicopters.
The Commission is also proposing – for the first time – to sanction Iranian entities including those linked to Iran’s Revolutionary Guard, producing drones.
Ursula von der Leyen said there were hundreds of Iranian-made drones used by Russia on the battlefields in Ukraine. “These Iranian made drones kill Ukrainian civilians – this is atrocious!” said the European Commission President. “It is our duty to sanction them, and confront Iran about the supply of drones and the transfer of know-how to build production sites in Russia.”
Story: EU NeighboursEast