Russia’s war of aggression against Ukraine: Council renews economic sanctions for a further 6 months

The Council today renewed the EU restrictive measures in view of the Russian Federation's continuing actions destabilising the situation in Ukraine for a further 6 months, until 31 January 2025.

These sanctions, first introduced in 2014, were significantly expanded since February 2022 in response to Russia’s unprovoked, unjustified and illegal military aggression against Ukraine.

They currently consist of a broad spectrum of sectoral measures, including restrictions on trade, finance, technology and dual-use goods, industry, transport and luxury goods. They also cover: a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, a de-SWIFTing of several Russian banks and the suspension of the broadcasting activities and licenses in the European Union of several Kremlin-backed disinformation outlets. Additionally, specific measures enable the EU to counter sanctions circumvention.