F.P. Report
BRUSSELS: Following up on the restrictive measures adopted on 2 March in response to the involvement of Belarus in the unjustified and unprovoked Russian military aggression against Ukraine, and in view of the continued gravity of the situation, the Council today adopted additional sectoral measures targeting the Belarusian financial sector.
“With these additional sectoral sanctions, we are sending a strong message: the unprovoked and unjustified military aggression waged against Ukraine by the Putin regime with assistance by Lukashenko comes at a high price. We are closing the loopholes of our existing sanctions and imposing further measures on Belarus’ financial sector.”
Josep Borrell, High Representative for Foreign Affairs and Security Policy
The agreed measures will:
Furthermore the Council introduced further restrictive measures with regard to the export of maritime navigation goods and radio communication technology to Russia. By virtue of this decision it will be prohibited to sell, supply, transfer or export, directly or indirectly, maritime navigation goods and technology to any natural or legal person, entity or body in Russia, for use in Russia, or for the placing on board of a Russian-flagged vessel.
The Council also expanded the list of legal persons, entities and bodies subject to the prohibitions related to investment services, transferable securities, money market instruments, and loans.
Lastly the Council clarified the notion of “transferable securities” so as to clearly include crypto-assets, and thus ensure the proper implementation of the sectoral restrictions in place.
The European Union condemns in the strongest possible terms the Russian Federation’s unprovoked and unjustified military aggression against Ukraine, as well as the involvement of Belarus in this aggression.
The European Union demands that Russia immediately ceases its military actions, unconditionally withdraws all forces and military equipment from the entire territory of Ukraine and fully respects Ukraine’s territorial integrity, sovereignty and independence within its internationally recognised borders. The European Council calls on Russia and Russia-backed armed formations to respect international humanitarian law and stop their systematic information manipulation, including disinformation campaign and cyber-attacks.
The use of force and coercion to change borders has no place in the 21st century. Tensions and conflict should be resolved exclusively through dialogue and diplomacy. The EU will continue cooperating closely with neighbours and reiterates its unwavering support for, and commitment to, the sovereignty and territorial integrity of Georgia and of the Republic of Moldova. It will continue strong coordination with partners and allies, within the UN, OSCE, NATO and the G7.
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