Xinhua
09 Jun 2026, 21:46 GMT+10
The new EU sanctions targeted more Russian sectors and added 30 vessels to the sanctions list.
BRUSSELS, June 9 (Xinhua) -- The European Commission has proposed the 21st package of sanctions against Russia, targeting key sectors including energy, financial services and crypto, trade and, for the first time, fisheries, European Commission President Ursula von der Leyen said Tuesday.
According to a statement released by the Commission, the proposed measures include suspending the automatic adjustment mechanism of the oil price cap until next January, which would allow oil markets to stabilise while maintaining pressure on Russian revenues.
Thirty additional vessels would be added to the sanctions list, on top of the 632 already designated. For the first time, sanctions would also target vessels providing support services to the "shadow fleet," including bunkering operations.
In addition, the proposal includes restrictions on ports, airports and refineries involved in trading or processing Russian oil. The sale of liquefied natural gas (LNG) tankers to Russia would also be restricted.
On financial and crypto-related measures, the Commission would expand transaction bans to 31 additional Russian banks, as well as to 20 banks, crypto firms, platforms and oil traders in third countries.
On trade, the proposed package introduces new export restrictions on goods and technologies used by Russia's military-industrial sector, as well as drone-related equipment.
The Commission also proposed import bans on goods worth around 60 million euros (69.4 million U.S. dollars), including certain metals and automotive parts, as part of efforts to reduce dependence on Russian imports.
For the first time, the EU would also target Russia's fisheries sector, proposing substantial restrictions on imports of certain fish products and a complete ban on others, including cod.
Von der Leyen also announced a new measure under the package to ban entry into the EU of individuals who have served in the Russian armed forces since the start of the Ukraine conflict.
The proposal still requires approval by all EU member states before it can enter into force.
Get a daily dose of Professional Autos news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.
More InformationCUPERTINO, California: Apple introduced a redesigned version of Siri powered by artificial intelligence, marking its biggest update...
SINGAPORE/LONDON: Indonesian President Prabowo Subianto is losing investors' trust, and his plans to grow the economy are at risk as...
NEW YORK, New York - World stock markets closed on a deeply divided note Monday, with Wall Street's technology sector powering the...
NEW YORK CITY, New York: S&P Dow Jones Indices has decided against changing its rules to allow newly public mega-cap companies to enter...
SAN FRANCISCO, California: Artificial intelligence company Anthropic has called for greater industry coordination to ensure developers...
MILAN, Italy: Commerzbank said on June 5 that shares equivalent to 7.85 percent of its capital have been tendered under UniCredit's...
New Delhi [India], June 9 (ANI): The Ministry of External Affairs (MEA) on Tuesday said issues related to the India-Bangladesh border...
New Delhi [India], June 9 (ANI): India is 'grateful' to the Omani government for its excellent support in rescuing the 24 Indian crew...
New Delhi [India], June 9 (ANI): With the heatwave continuing to affect the national capital, Delhi Lieutenant Governor Taranjit Singh...
Shimla (Himachal Pradesh) [India], June 9 (ANI): Himachal Pradesh is set to benefit from Norwegian expertise, best practices and advanced...
PNN Surat (Gujarat) [India], June 9: Sattvik Certifications successfully organized SATCON Regional 2026 in Surat, Gujarat, bringing...
(260609) -- URUMQI, June 9, 2026 (Xinhua) -- Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist...
