AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.00 Decreased By ▼ -0.53 (-0.41%)
BOP 6.76 Increased By ▲ 0.08 (1.2%)
CNERGY 4.50 Decreased By ▼ -0.13 (-2.81%)
DCL 8.70 Decreased By ▼ -0.24 (-2.68%)
DFML 41.00 Decreased By ▼ -0.69 (-1.66%)
DGKC 81.30 Decreased By ▼ -2.47 (-2.95%)
FCCL 32.68 Decreased By ▼ -0.09 (-0.27%)
FFBL 74.25 Decreased By ▼ -1.22 (-1.62%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.03 Decreased By ▼ -0.52 (-0.47%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.29 Decreased By ▼ -0.10 (-1.86%)
KOSM 7.63 Decreased By ▼ -0.77 (-9.17%)
MLCF 38.35 Decreased By ▼ -1.44 (-3.62%)
NBP 63.70 Increased By ▲ 3.41 (5.66%)
OGDC 194.88 Decreased By ▼ -4.78 (-2.39%)
PAEL 25.75 Decreased By ▼ -0.90 (-3.38%)
PIBTL 7.37 Decreased By ▼ -0.29 (-3.79%)
PPL 155.74 Decreased By ▼ -2.18 (-1.38%)
PRL 25.70 Decreased By ▼ -1.03 (-3.85%)
PTC 17.56 Decreased By ▼ -0.90 (-4.88%)
SEARL 78.71 Decreased By ▼ -3.73 (-4.52%)
TELE 7.88 Decreased By ▼ -0.43 (-5.17%)
TOMCL 33.61 Decreased By ▼ -0.90 (-2.61%)
TPLP 8.41 Decreased By ▼ -0.65 (-7.17%)
TREET 16.26 Decreased By ▼ -1.21 (-6.93%)
TRG 58.60 Decreased By ▼ -2.72 (-4.44%)
UNITY 27.51 Increased By ▲ 0.08 (0.29%)
WTL 1.41 Increased By ▲ 0.03 (2.17%)
BR100 10,450 Increased By 43.4 (0.42%)
BR30 31,209 Decreased By -504.2 (-1.59%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

BRUSSELS: The EU agreed a new round of sanctions over Russia’s war in Ukraine on Friday, the one-year anniversary of Moscow’s invasion, the bloc’s Swedish presidency announced.

The package – the 10th the EU has imposed since Russia’s February 24, 2022 invasion – contains, it said, “targeted restricted measures against individuals and entities supporting the war, spreading propaganda or delivering drones used by Russia in the war”.

Final approval of the sanctions was expected early Saturday if no EU country raises a last-ditch objection.

The details on the listed individuals and entities will then be published in the European Union’s official gazette.

One EU diplomat told AFP that 120 individuals and entities, and three more Russian banks, were listed.

The EU’s measures echoed sanctions announced earlier Friday by the United States and by Britain, and came in the wake of a G7 statement that warned of penalties for any country abetting Russia in its war.

Another EU diplomat said the agreement on sanctions held “no compromise” to a proposal put forward to member states by the European Commission.

That proposed package promised to cut off industrial goods worth 11 billion euros ($12 billion) to Russia and target drone producers in Iran whose unmanned aircraft containing warheads Moscow has been using to attack Ukrainian targets.

Commission chief Ursula von der Leyen had said the goods put under sanctions for Russia would include electronics and machine parts that can be used in Russian drones, missiles, helicopters and other weapons systems.

She had said that seven Iranian entities providing dual-use products to Russia were also included in the commission sanctions proposal.

The EU has already imposed nine waves of unprecedented sanctions on Moscow, hitting key Russian exports like oil in a bid to cut Russian President Vladimir Putin’s war chest.

NATO says ‘resolute’ in supporting Ukraine

Several EU diplomats had told AFP that complaints from Poland had slowed down agreement on the latest sanctions because Warsaw had viewed them as insufficient.

Polish Prime Minister Mateusz Morawiecki said Friday, as he visited Kyiv before the EU sanctions agreement was announced, that the proposals from Brussels were “too soft, too weak”.

Comments

Comments are closed.