Since December 16, the EU’s 9th sanctions package related to Russia’s war of aggression against Ukraine has been in force.
The new sanctions package expands some existing measures. Regulation (EU) 833/2014 was updated by Regulation (EU) 2022/2474. Furthermore, Regulation (EU) 2022/2475 and Regulation (EU) 2022/2476 were adopted.
We provide an overview of important innovations.
Contents of the 9th sanctions package
– New export restrictions on: Generators, toy drones, laptops, hard drives, IT components, nerve agents, and other biological and chemical equipment, electronic components , cameras, and lenses
– Expanded export ban on aerospace goods such as night vision and radio navigation equipment, drone engines and aircraft engines
– The list of names of sanctioned individuals and entities was expanded by another 141 individuals and 49 entities.
– Assets of two more Russian banks frozen; complete ban on transactions by the Russian Regional Development Bank
– Ban on investment in Russian energy sector extended; with exception of mining for extraction of particularly critical raw materials
– Four more Russian media channels lose broadcasting licenses in the EU
– Exemptions for food and fertilizer exports from Russia to countries in the global South. Background: Securing food supplies
You can read about these and other changes in detail in the relevant regulations.
Sources: German Federal Office of Economics and Export Control (BAFA) (german), EUR-Lex
