Overview
- EU member-state ambassadors at Coreper provisionally agreed to add 145 individuals and entities to EU sanctions lists and the package is due for final consideration by the EU Foreign Affairs Council on 16 November.
- The provisional listings are reported to include 12 people and 101 legal entities for actions against Ukraine, a separate set of 30 people and one entity for hybrid activities, and one entity under the EU cyber regime.
- Reporting and EU officials say about 50 Russian banks are among the entities to be listed and the package will target companies that support the so-called 'shadow fleet' that moves sanctioned goods by sea.
- European Commissioner Maria Luís Albuquerque said the measures will also cover oil-refining businesses and that EU bodies are preparing a further, 22nd sanctions package expected by the end of November.
- If adopted, the measures are likely to widen transaction bans and port and service restrictions that already affect Russia’s finance and maritime networks and could push Moscow to seek more alternative payment and shipping routes.