Sector most affected by EU's 15th sanctions package by April 30, 2025?
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EU Adopts 15th Sanctions Package Against Russia, Targeting 84 Entities Including 54 Individuals, 30 Organizations, and Shadow Fleet
Dec 16, 2024, 12:07 PM
On December 16, 2024, the European Union (EU) adopted its 15th package of sanctions against Russia, targeting 84 individuals and entities, including companies from Russia, China, and North Korea. The sanctions specifically address the so-called 'shadow fleet' of tankers involved in transporting Russian oil and other energy resources. The package includes restrictions on 54 individuals and 30 organizations, aimed at curbing Russia's military and industrial capabilities and preventing the circumvention of previous sanctions. This latest round of sanctions reinforces the EU's commitment to countering Russia's ongoing military aggression in Ukraine, as emphasized by EU High Representative Kaja Kallas, who noted that the measures also target Chinese companies supporting Russia's war efforts. The sanctions are part of a broader strategy to weaken Russia’s ability to sustain its military operations in Ukraine.
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