New EU sanctions on Russia to target technology exports, including Iranian drones

15 February, 03:48 PM
The European Union is preparing to introduce the 10th package of sanctions against Russia (Photo:REUTERS/Yves Herman)

The European Union is preparing to introduce the 10th package of sanctions against Russia (Photo:REUTERS/Yves Herman)

The European Union’s tenth package of sanctions against Russia will contain trade bans and controls on technology exports, including of Iranian-made drones, President of the European Commission Ursula von der Leyen said on Feb. 15.

“Our 10th sanction package contains trade bans and controls on technology exports worth EUR 11 billion,” she wrote on Twitter.

“Russia is using hundreds of Iranian-built drones. We propose to extend our export controls to Iranian entities.”

The EU’s proposals will focus among other things on export restrictions on multiple electronic components used in Russian armed systems including drones, missiles and helicopters.

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In addition, according to von der Leyen, the European Union will impose sanctions against Iranian organizations, in particular those related to the Islamic Revolutionary Guard Corps, as it “seeks to stop Tehran’s supply of drones to Russia.”

According to the Bloomberg news agency, the European Union is also poised to force banks to report information on Russian Central Bank assets.

The European Union is aiming to adopt its tenth package of sanctions next week, ahead of the one-year mark of the full-scale Russian invasion, Bloomberg reported.

U.S. political news outlet Politico reported on Feb. 14 that the European Union is preparing new sanctions against shipping company SUN Ship Management Ltd, which helps Moscow with illicit oil shipments circumventing EU’s restrictions on trade with Russia.

At the same time, according to the Polish envoy to the European Union, Andrzej Sadoś, the package will not include a ban on the import of Russian diamonds, restrictions against Rosatom, and the forced adoption of Ukrainian children.

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