EU set to impose fresh Russia sanctions targeting 150 entities and 50 banks

EU set to impose fresh Russia sanctions targeting 150 entities and 50 banks
Sanctions lettering against Russian flag colours, 28 February 2022.
Reuters

The European Union is expected to approve a new round of sanctions against Russia on Monday, targeting 150 additional entities and 50 banks, French Minister for European Affairs Benjamin Haddad said on Thursday.

France pushes for new sanctions

Speaking to French broadcaster LCI, Haddad said France had proposed the majority of entities targeted under the latest sanctions package.

“On Monday, we will take new sanctions against Russia, on 150 additional entities, 50 banks and it's France which proposed the bulk of the entities to add,” he said.

The move follows an agreement reached by EU ambassadors in October to expand the bloc's Russia sanctions list by 1,646 names, marking what was described as its largest single expansion.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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The October package targeted 743 individuals and 826 entities accused of supporting Moscow's war in Ukraine, as well as77 lawmakers who stood for election in Ukrainian territories under Russian control.

Penalties included travel bans, asset freezes and restrictions on providing financial support to those listed.

France condemns Russian entry bans

Haddad also condemned Moscow's decision to bar two French journalists and two lawmakers from entering Russia on Wednesday.

The four individuals are Le Monde reporter Ariane Chemin, freelance journalist and former Moscow correspondent Paul Gogo, and French lawmakers Sacha Houlié and Arthur Delaporte.

“This is intimidation. France will not be intimidated. I think these lawmakers and these journalists are doing their jobs, these lawmakers are notably very involved in the fight against foreign interference,” Haddad said.

Diplomatic tensions deepen

The dispute has further strained relations between Paris and Moscow.

French Foreign Minister Jean-Noël Barrot said in a post on X that Russia's attempt to justify the entry bans as retaliation for France's expulsion of Xenia Fedorova in July “confirmed her ties to Russian authorities”.

Fedorova, accused by French authorities of spreading Russian propaganda, previously headed RT France before becoming a prominent figure on the French news channel CNews and its associated outlets Europe 1 and JDNews.

All three outlets are owned by conservative media tycoon Vincent Bolloré.

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