International sanctions during the Ukrainian crisis

DGAP-News: Rational to begin controlled exit from Russian market

Retrieved on: 
Tuesday, June 7, 2022

Rational has made this decision in response to the economic and political developments resulting from the Russian war in Ukraine.

Key Points: 
  • Rational has made this decision in response to the economic and political developments resulting from the Russian war in Ukraine.
  • The company's withdrawal will be gradual and controlled so that it can continue to meet existing customer and employee obligations.
  • At the beginning of March 2022, Rational acted of its own volition to suspend the delivery of cooking systems to Russia.
  • In terms of financial implications, Rational is confident that losing the Russian market will not have a significant impact on business results.

Press release - Human rights breaches in Hong Kong, Saudi Arabia and Iran

Retrieved on: 
Thursday, July 8, 2021

While urging the Chinese authorities to repeal the draconian national security law introduced last year, MEPs encourage EU countries to impose sanctions against individuals and entities responsible for serious violations of human rights and international law in Hong Kong under the EU human rights sanctions regime.

Key Points: 
  • While urging the Chinese authorities to repeal the draconian national security law introduced last year, MEPs encourage EU countries to impose sanctions against individuals and entities responsible for serious violations of human rights and international law in Hong Kong under the EU human rights sanctions regime.
  • While urging the countrys authorities to genuinely abolish the death penalty for these offenders, the resolution strongly supports EU sanctions against Saudi officials responsible for grave human rights violations.
  • All EU exports of mass surveillance technology and other dual-use items to Saudi Arabia should be suspended, say MEPs.
  • The resolution also calls on Iran to stop threatening Dr Djalalis family in both Sweden and Iran.

EU imposes further sanctions over serious violations of human rights around the world

Retrieved on: 
Tuesday, March 23, 2021

The Council today decided to impose restrictive measures on eleven individuals and four entities responsible for serious human rights violations and abuses in various countries around the world.

Key Points: 
  • The Council today decided to impose restrictive measures on eleven individuals and four entities responsible for serious human rights violations and abuses in various countries around the world.
  • Together with the listing of four Russian individuals earlier this month, these 15 designations are part of the first broader package of listings under the EU Global Human Rights Sanctions Regime.
  • The sanctions signal the EUs strong determination to stand up for human rights and to take tangible action against those responsible for violations and abuses.
  • Under the EU Global Human Rights Sanctions Regime established on 7 December 2020, the listed individuals and entities are subject to an asset freeze in the EU.

Egypt: EU revokes sanctions framework and delists 9 people

Retrieved on: 
Saturday, March 13, 2021

Restrictive measures were initially adopted in 2011 and aimed notably at assisting the Egyptian authorities with the recovery of misappropriated state assets.

Key Points: 
  • Restrictive measures were initially adopted in 2011 and aimed notably at assisting the Egyptian authorities with the recovery of misappropriated state assets.
  • The measures consisted of an asset freeze imposed on the assets of the listed individuals located in the EU.
  • In addition, nationals from EU member states and legal entities incorporated in the EU were forbidden from making funds available to those listed, either directly or indirectly.
  • Since 2011, sanctions have been reviewed on an annual basis, with some individuals having been delisted over time.

Misappropriation of Ukrainian state funds: EU prolongs restrictive measures

Retrieved on: 
Friday, March 5, 2021

The Council today decided to prolong for one more year, until 6 March 2022, the existing asset freezes directed against 7 individuals identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds.

Key Points: 
  • The Council today decided to prolong for one more year, until 6 March 2022, the existing asset freezes directed against 7 individuals identified as responsible for the misappropriation of Ukrainian state funds or for the abuse of office causing a loss to Ukrainian public funds.
  • The restrictive measures against one person were prolonged until 6 September 2021, and those against two persons were not extended.
  • This decision was taken on the basis of the annual review of the measures.
  • The sanctions were initially introduced in March 2014 and extended on a yearly basis since then.

Article - EU-Russia relations under strain: what are the causes?

Retrieved on: 
Wednesday, February 3, 2021

EU-Russia relations have become increasingly strained over the past decade, not least because of the country's 2014 annexation of Crimea. The Kremlin’s support for separatists in eastern Ukraine and Russia’s military intervention in Syria have only exacerbated matters. Another source of tension is Russia’s disinformation campaigns and cyber-attacks, as well as attempts to interfere in Western democratic processes.Arrest of Alexei Navalny Having recovered from a near-fatal poisoning last year, opposition leader Navalny was detained on his return to Russia on 17 January.

Key Points: 


EU-Russia relations have become increasingly strained over the past decade, not least because of the country's 2014 annexation of Crimea. The Kremlin’s support for separatists in eastern Ukraine and Russia’s military intervention in Syria have only exacerbated matters. Another source of tension is Russia’s disinformation campaigns and cyber-attacks, as well as attempts to interfere in Western democratic processes.

Arrest of Alexei Navalny

    • Having recovered from a near-fatal poisoning last year, opposition leader Navalny was detained on his return to Russia on 17 January.
    • Speaking during a Facebook live interview on 27 January 2021, Urmas Paet, the vice-chair of Parliaments foreign affairs committee, called for sanctions against those who have direct responsibility for the arrest and harassment of Alexei Navalny.
    • In a resolution adopted four days following the arrest, Parliament called for significantly tighter EU sanctions against Russia, as well as for the immediate and unconditional release of Navalny and of all those detained in relation to his return to Moscow.

EU sanctions against Russia

    • Since the annexation of Crimea in 2014, EU economic sanctions target Russias financial, defence and energy sectors.
    • Before Christmas, EU leaders unanimously decided to extend the sanctions until 31 July 2021.
    • The measures, which are renewed twice a year, have hit Russia hard: by late 2018, its economy was thought to be 6% smaller due to EU and US sanctions.
    • The EU also imposed sanctions on Russian officials in response to Navalny's poisoning.

Echoes of Belarus

    • Speaking in the same interview, Andrius Kubilius, one of Parliament's lead MEPs on Russia, described sanctions as an effective tool.
    • Kubilius said that tens of thousands of Russians had braved beatings, arrests and temperatures of -50 to protest the arrest of Navalny.
    • He also spoke of the echoes of Belarus in recent developments inside Russia: Lukashenko tried to steal the Belarusian presidential election and it is very clear that the Kremlin regime is trying to steal the Duma elections.
    • That is why we are condemning the Kremlins autocratic behaviour.

Nord Stream 2

    • Controversy over the new Nord Stream 2 pipeline has highlighted the countrys leverage as the Unions main energy supplier.
    • In the 21 January resolution, MEPs called on the EU to immediately stop work on the controversial pipeline, which would link Germany directly to Russia.
    • Paet expressed his hope that EU ministers would take Parliaments position seriously and said that the Nord Stream 2 project violates the EUs common energy security policy.

No longer a "strategic partner"

    • In March 2019, a European Parliament resolution stated that Russia could no longer be considered a strategic partner.
    • However, despite the tensions, there are many areas where both the EU and Russia have common interests and concerns.
    • The EU is still by far Moscow's biggest trade and investment partner (accounting for 42% of Russian exports in 2019).

Federprivacy Data Protection Research: In 2020 Fines Reach €307 Million in Europe

Retrieved on: 
Monday, January 18, 2021

Then the Italian data protectionauthority with 35 fines, and the Romanian authority (ANSPDCP) with 26 sanctions.

Key Points: 
  • Then the Italian data protectionauthority with 35 fines, and the Romanian authority (ANSPDCP) with 26 sanctions.
  • There is a different perspective if we consider the economic value of the sanctions instead of their number.
  • These are only some of the different figures that are itemized in the Federprivacy report.
  • Telecommunications has been the second in this list with 62,400,000, and business the third with 38,100,000.

Federprivacy Data Protection Research: In 2020 Fines Reach €307 Million in Europe

Retrieved on: 
Monday, January 18, 2021

Then the Italian data protectionauthority with 35 fines, and the Romanian authority (ANSPDCP) with 26 sanctions.

Key Points: 
  • Then the Italian data protectionauthority with 35 fines, and the Romanian authority (ANSPDCP) with 26 sanctions.
  • There is a different perspective if we consider the economic value of the sanctions instead of their number.
  • These are only some of the different figures that are itemized in the Federprivacy report.
  • Telecommunications has been the second in this list with 62,400,000, and business the third with 38,100,000.

Russia: The EU prolongs economic sanctions for another six months

Retrieved on: 
Friday, December 18, 2020

These sanctions were imposed in 2014 in response to Russia's actions destabilising the situation in Ukraine.

Key Points: 
  • These sanctions were imposed in 2014 in response to Russia's actions destabilising the situation in Ukraine.
  • Given that the Minsk agreements are not fully implemented by Russia, EU leaders unanimously took the political decision to roll-over the economic sanctions against Russia.
  • The sanctions limit access to EU primary and secondary capital marketsfor certain Russian banks and companies and prohibit forms of financial assistance and brokering towards Russian financial institutions.
  • In addition to economic sanctions, the EU has in place different types of measures in response to Russias illegal annexation of Crimea and the city of Sevastopol and the deliberate destabilisation of Ukraine.

Declaration by the High Representative on behalf of the EU on Human Rights Day, 10 December 2020

Retrieved on: 
Thursday, December 10, 2020

This day deserves our attention as it marks the signing of the Universal Declaration of Human Rights in 1948.

Key Points: 
  • This day deserves our attention as it marks the signing of the Universal Declaration of Human Rights in 1948.
  • The coronavirus pandemic has magnified and exacerbated some of the worlds greatest challenges, including in relation to human rights, democracy and the rule of law.
  • The establishment of an EU Global Human Rights Sanctions Regime, giving us the power to impose sanctions, with asset freezes and travel bans, on those involved in serious human rights violations and abuses is another tangible step that will further strengthen collective action on human rights.
  • Throughout this year, the EU has been a leading voice in the multilateral institutions that work to uphold human rights.