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EU's 16th Sanctions Package: 11 Key Impact Areas

Writer's picture: Arne MielkenArne Mielken

Explore the EU's 16th sanctions package targeting Russia's economy, military, and key sectors. Essential insights for sanctions pros!


Introduction


European flag with blue background and yellow stars waves over oil barrels labeled "BLOIL." Coins and chains hang, with a truck nearby.
EU's 16th sanctions package on Russia intensifies economic pressure, impacting businesses and the global market with increased regulatory measures.

The 16th package of EU sanctions against Russia, adopted on the third anniversary of Russia's full-scale invasion of Ukraine, represents an expansion of existing measures with significant implications for EU companies and sanctions professionals.


This wide-ranging package touches on multiple sectors of the Russian economy and aims to further weaken Russia’s capacity to continue its unlawful aggression towards Ukraine.


Let’s break down the key provisions and their impact. We look at 11 impact areas that every EU cross-border prto weaken furtherofessionals should know about.



Key Impact Areas we will look at

  1. Individual Listings and New Criteria for Sanctions

  2. Shadow Fleet: Targeting Maritime Transport

  3. Financial and Banking Sector

  4. Trade and Technology Restrictions

  5. Broadcasting Ban

  6. Prohibition on Transports and Aircraft

  7. Energy Sector Restrictions

  8. Construction Services and Civil Engineering

  9. Due Diligence and Re-Exportation Measures

  10. Belarusian Sanctions and Coordination with Russia

  11. Crimea, Sevastopol, and Non-Government Controlled Areas


11 Impact Areas of the 16th Sanctions Package


IMPACT AREA 1: Individual Listings and New Criteria for Sanctions

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