In a statement, the President of the European Commission, outlined what further sanctions the EU is currently proposing to introduce against Russia.

The proposed package includes:

  • The designation of nearly 200 people and entities, including the Russian armed forces and individual officers, defence industrial companies, members of the State Duma and Federation Council, ministers, governors and political parties.
  • Sanctions against 3 additional Russian banks, including a full transaction ban on the Russian Regional Development Bank.
  • Additional export controls and restrictions, particularly on dual-use goods, including key chemicals, nerve agents, electronics and IT components. The press is reporting that aircraft engines and their parts, laptops, hard drives, cameras and lenses are some other goods that will be subject to new restrictions.
  • A ban on the direct export of drone engines to Russia and the export to any third countries, such as Iran, which could supply drones to Russia.
  • A ban on 4 Russian TV channels. The press is reporting that these four channels will be NTV/NTV Mir, Rossiya 1, REN TV and Pervyi Kanal. 
  • Further economic measures against the Russian energy and mining sector, including a ban on new mining investments in Russia.

Note that these are simply proposals at this stage.

EU ambassadors are currently deliberating over the list of new sanctions, with a view to adopting them as soon as possible. The proposals require unanimous support by all EU Member States in order to become law.