EU to seek means to punish Russia sanctions busters

AFP , Monday 28 Nov 2022

The European Union on Monday gave itself the legal authority to take action against anyone who helps Russia avoid its sanctions, the EU presidency said Monday.

Ursula von der Leyen
EU Commission President Ursula von der Leyen speaks during the Global Fund Seventh Replenishment Conference in New York on September 21, 2022. AFP

 

According to a statement, member states unanimously agreed that violating restrictive measures against Russia be considered an "EU crime" across the bloc.

This would make it easier to add individuals and entities from countries outside the EU to sanctions lists set up to punish existing actions such as Russia's invasion of Ukraine.

And it would help standardize the interpretation and enforcement of EU sanctions law across the 27-member union.

"Currently, member states have different definitions of what constitutes a violation of restrictive measures and what penalties should be applied in the event of a violation," said the statement, issued by the bloc's current Czech presidency.

"This could lead to different degrees of enforcement of sanctions and a risk of these measures being circumvented, potentially allowing sanctioned persons to continue accessing their assets and supporting regimes targeted by EU measures."

Following the member state's decision, the EU executive -- the European Commission -- will now draw up a proposed legal directive that will then be submitted to the member states and European Parliament.

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