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The European Commission has today adopted a joint proposal for | European Commission

The European Commission has today adopted a joint proposal for a new package of measures to maintain and strengthen the effectiveness of the EU's six wide-ranging and unprecedented packages of sanctions against Russia.

Today's package will introduce a new import ban on Russian gold, while reinforcing our dual use and advanced technology export controls. In doing so, it will reinforce the alignment of EU sanctions with those of our G7 partners. It will also strengthen reporting requirements to tighten EU asset freezes.

Importantly, the package reiterates the Commission's determined stance to protect food security around the globe and the fact that EU sanctions do not target in any way the trade in agricultural products between third countries and Russia.

Finally, it is proposed to extend the current EU sanctions for six months, until the next review at the end of January 2023.

Read the full press release here.

European Commission #StandWithUkraine