EU Approves 15th Sanctions Package Against Russia Targeting 84 Entities, Including 54 Individuals and 30 Organizations

Dec 16, 2024, 02:44 PM

On December 16, 2024, the European Union approved its 15th sanctions package against Russia, targeting 84 individuals and entities from Russia, China, and North Korea. The sanctions specifically address the so-called 'shadow fleet' of Russian tankers involved in transporting oil and circumventing existing restrictions. The package includes restrictions on 54 individuals and 30 organizations, including two senior officials from North Korea. This latest round of sanctions aims to undermine Russia's military capabilities and prevent evasion of previous sanctions. The EU Council emphasized that these measures are part of a broader strategy to weaken Russia's war efforts in Ukraine. The sanctions also mark the first time Chinese entities have faced direct sanctions, including travel bans and asset freezes, as the EU seeks to curb support for Russia's military operations.