The leaders of the EU countries at an extraordinary summit agreed to impose additional sanctions against Russia, which became known on Thursday, February 24.
“The European Council today agreed on further restrictive measures that will entail massive and serious consequences for Russia for its actions, in close coordination with our partners and allies,” wrote in his Twitter President of the European Council Charles Michel.
The sanctions will affect the financial sector, the energy and transport sectors, dual-use goods, as well as export controls and financing, Michel said.
Restrictions will also be introduced in relation to the Russian visa policy. In addition, additional Russian individuals will be included in the lists of restrictions.
Restrictions will affect the financial sector, the energy and transport sectors, dual-use goods, visa policy, the summit concluded.
Earlier that day, the US Treasury Department announced sanctions against Belarus. It is noted that a number of restrictive measures will affect two large state-owned banks. In addition, 24 individuals in Belarus were subject to restrictions.
On Thursday, the West said it would limit Russia’s ability to operate in hard currency. US President Joe Biden, following a meeting with the leaders of the G7 countries (G7), said that the allies are ready to introduce a “crushing” package of sanctions against Russia.
On February 24, Russian President Vladimir Putin, in his special televised address, announced that a special operation would be carried out in the Donbass in order to protect the civilian population. After that, Vladimir Zelensky accused Russia of hitting the country’s military infrastructure and introduced martial law throughout the country.
On February 21, Putin signed decrees recognizing the independence of the LNR and the DNR. Also, the Russian leader and the heads of both republics Leonid Pasechnik and Denis Pushilin signed agreements on friendship, cooperation and mutual assistance. The documents were ratified the next day by both the republics themselves and the Russian State Duma.
Since 2014, the Ukrainian authorities have been conducting a military operation against the inhabitants of Donbass, who refused to recognize the results of the coup d’état and the new government in Ukraine. At the same time, Kiev blames Moscow for the current situation. Russia has repeatedly stated that it is not a party to the conflict.
The situation in Donbass escalated on February 17, 2022. In the Donetsk and Lugansk People’s Republics, heavy shelling by Ukrainian security forces was reported, including from heavy weapons. The republics announced a general mobilization and evacuation of civilians to the territory of Russia.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
