European Union becomes more strict, sanctions imposed against Russia for fourth time

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European Union

Brussels: The European Union (EU) has announced the imposition of sanctions for the fourth time against Russia as a punishment for attacking Ukraine. France, which is chairing the EU, said the EU, which is a member of 27 countries, “in consultation with our international partners, has approved a fourth package targeting individuals and establishments involved in attacks against Ukraine and several sectors of the Russian economy.” given.”

France said in a statement late Monday that the EU “rejects an application for Russia’s most-favored-nation designation and closes the investigation into Belarus’ application for World Trade Organization (WTO) accession”. WTO declaration is also approved. If Russia is suspended, companies will not receive special attention in the bloc.

European Union

EU leaders told a conference in Versailles on Friday that if Russia continued to attack Ukraine, a tough package of sanctions would be implemented. In line with this announcement, the recent announcement was made.

What other sanctions have been imposed on Russia, will be known only after the publication of the official journal of the EU. Since the war on Ukraine launched last month, the EU has imposed tough sanctions targeting Russian President Vladimir Putin, Russia’s financial system, and its oligarchy.

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