European Union

European Union

Adopts sixth package of sanctions against the Russian Federation

03 Jun 2022

On 3 June 2022, the European Union adopted the sixth package of sanctions against the Russian Federation. The restrictive measures in energy sector include: - Prohibiting the purchase, import or transfer of crude oil and certain petroleum products which originate in or are exported from the Russian Federation (except to crude oil delivered by pipelines); - Prohibiting the provision of technical assistance, brokering services, financial assistance and other services related to such purchases and to the transport (including ship-to-ship transfers) to third countries of these listed products. Other sanctions include the following: - Prohibiting the provision of accounting, consultancy and public relations services to the Government or any entity established in the Russian Federation; - Prohibiting the provision of specialized financial messaging services (including SWIFT) to three additional Russian credit institutions: Sberbank; Credit Bank of Moscow and Joint Stock Company Russian Agricultural Bank, JSC Rosselkhozbank. - Extending the list of controlled items which might contribute to the military and technological enhancement or the development of defence and security sector of the Russian Federation. - Expanding the list of sanctioned persons and legal entities subject to assets freeze; - Extending the list of persons and entities subject to export restrictions regarding dual-use goods and technology.