The EU agreed on the 13th package of sanctions against Russia: what is known

Photo: © Global Look Press/Xinhua/Zhao Dingzhe

On February 21, 2024, EU ambassadors agreed on the 13th package of sanctions against Russia. As the Belgian presidency of the EU Council reported, new restrictions are planned to be adopted by February 24. Representatives of Belgium called the 13th package of sanctions one of the most extensive. However, experts have questioned its effectiveness.

What is known about the new restrictions against Russia, what could be included in the new package of measures and why Hungary did not block it, we tell you in the material REN TV.

The EU approved the 13th package of anti-Russian sanctions

EU ambassadors agreed on the 13th package of sanctions against Russia, the Belgian Presidency of the EU Council reported on February 21. It was noted that the package will undergo a written approval procedure by the EU Council and will be formally approved by February 24.

As the agency reported Reuters with reference to sources, about 200 companies and individuals are subject to restrictions. At the same time, the 13th package of sanctions did not include new industry measures.

Hungary did not block restrictions against the Russian Federation

It is worth noting that Hungary did not block the 13th package of sanctions against Russia.

“At the stage of preparation of the 13th package of sanctions, it was possible to exclude from it all elements that would be contrary to the economic interests of Hungary”,” explained the country’s Foreign Minister Peter Szijjártó.

At the same time, the diplomat noted that Budapest does not believe that the European Union is “making the wrong decision.”

Photo: © Global Look Press/Keystone Press Agency/Dimitrios Karvountzis

Let us remind you that the ambassadors of the European Union countries were not immediately able to approve a new package of anti-Russian sanctions. The Financial Times reported that the agreement was postponed due to the position of Hungary, which was the only one to vote against it at the meeting of ambassadors on February 14.

Sources named two main versions. According to one of them, Budapest did not agree with the proposed measures because of Chinese companies, according to another, the Hungarian ambassador “asked for a little more time” to analyze the content of the proposals.

What will be included in the 13th package of sanctions against Russia

The 13th package of anti-Russian sanctions is planned to be adopted by February 24. The Belgian Presidency of the Council of the EU noted that the new package will be one of the most extensive.

“This package is one of the most extensive approved by the EU. It will go through a written procedure and will be officially approved by February 24.”– says the message of the representative office on the social network of X.

According to the head of European diplomacy, Josep Borrell, the new restrictions will affect defense sector enterprises and companies that circumvent the imposed anti-Russian restrictions.

“We are adding almost 200 individuals and entities to our package, bringing the EU list to more than 2,000. With this package, we are taking more action against organizations involved in circumventing (anti-Russian measures), defense and military sectors.”stated Borrell.

The head of the European Commission, Ursula von der Leyen, added that the 13th package of sanctions is aimed at further reducing Russia’s access to drones.

Photo: © RIA Novosti/Pavel Lisitsyn

Bloomberg at the beginning of the month, with reference to documents with proposals for the new package, wrote that the new restrictions, in particular, could include 55 companies and 60 people from Russia associated with the production of weapons or the supply of key technologies and electronic components to Russian defense industry enterprises.

“Not so evil” package

The media notes that the 13th package of sanctions against the Russian Federation will be rather symbolic. Experts say the new restrictions are unlikely to be effective. In particular, according to the head of the Department of World Economy and International Economic Relations of the State University of Management, Evgeniy Smirnov, the new measures will not cause severe damage to Russian exporters.

“As a rule, the most painful restrictions are considered to be those that directly affect participants in foreign economic activity. For example, direct import embargoes. When some mechanism is announced in relation to third countries that allegedly help Russia circumvent sanctions, everyone in Europe understands that this is not a way punish Russia, but some measure designed to show the EU’s continued commitment to its policies”stated expert in conversation with “Izvestia“.

Photo: © Global Look Press/dpa/Philipp von Ditfurth

Political scientist Nikolai Topornin expressed a similar opinion. He called the 13th package of sanctions “not so evil.”

“From the point of view of the effectiveness of this package, the effectiveness is not high. But those individuals who are included in the list will certainly be unpleasant. However, the coverage is not very wide. This list, in comparison with others, is not so “evil”noted political scientist.

EU sanctions against Russia

The European Union has been introducing restrictions against Russia since 2014. Since February 2022, sanctions pressure on the Russian Federation has increased. Over the past two years, the European Union has adopted 12 packages of sanctions, nine of which entered into force in 2022, three in 2023.

The latest package of sanctions against the Russian Federation was adopted in December 2023. The list of measures included restrictions on the import of non-industrial diamonds that were produced or processed in Russia. Export restrictions have also been imposed on chemicals, lithium batteries, thermostats, DC motors and servo motors for drones. In addition, import restrictions were adopted on cast iron, copper and aluminum wire.

At the same time, Brussels added 29 legal entities to the sanctions list for “direct support of the Russian military-industrial complex.”

Source: Ren

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