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11th Package of EU Economic Sanctions Against Russia

By Polina Lyadnova, Yulia A. Solomakhina, Tristan Favaletto, Andreas Wildner & Kseniia Simongauz on July 7, 2023
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On June 23, 2023, the European Union published its 11th package of sanctions in relation to Russia. In addition to adding 71 individuals and 33 entities to the list of designated persons which are subject to sanctions, the new package fine-tunes the existing regime, with extensions primarily aimed at combatting circumvention more effectively and an increased emphasis on the cooperation between Member States regarding the sharing of information and best practices, as well as a few further clarifications to existing prohibitions.

Please visit our blog for the latest updates reflecting the 11th package and more information: Sanctions Developments Resulting From the Conflict in Ukraine – European Union. We are updating this page on a regular basis as the situation develops.

If you have any questions concerning the information provided in this memo, please feel free to contact this blog post’s co-authors or your regular contacts at the firm.

  • Posted in:
    Government and Public Policy
  • Blog:
    Cleary Foreign Investment and International Trade Watch
  • Organization:
    Cleary Gottlieb Steen & Hamilton LLP
  • Article: View Original Source

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