The European Union is preparing the 21st package of sanctions against Russia, which is expected to be the toughest in recent times. The main focus is on blocking the «shadow fleet» that allows the Kremlin to circumvent oil restrictions. New measures may be adopted by early July.
EU prepares new sanctions package against Russia
The European Union is preparing 21st package of sanctions against Russia, which, according to information Politico, will be one of the toughest in response to the Kremlin's aggression. In Brussels, the main focus is on combating the so-called «shadow fleet» - a network of vessels through which Russia circumvents oil restrictions imposed by the West. These measures are expected to increase economic pressure on Putin and his entourage to force them into peace talks this summer.
The issue of circumventing sanctions through shipping has long been one of the most difficult for the EU. Previously, proposals for a complete ban on shipping for Russian vessels were blocked by Malta and Greece, but the current escalation is forcing Brussels to revisit this idea.
Sanctions against the «shadow fleet» and new restrictions
The main goal of the new package will be to «shadow fleet» - vessels used to transport Russian oil in circumvention of sanctions. The EU is planning to introduce stricter controls to cut off these channels and make it harder for the Kremlin to access global energy markets.
In addition, Russian banks, financial institutions, enterprises of the military-industrial complex, as well as companies engaged in trade may be subject to new restrictions stolen Ukrainian grain. This should make it more difficult to finance the Russian military machine and reduce the proceeds of illegal activities.
Personal sanctions and a ban on Russian vessels
The EU is also considering personal sanctions against high-ranking representatives of the Russian Orthodox Church, including Patriarch Kirill. This could be a symbolic step that would underscore Europe's condemnation of the ROC's role in supporting the war.
Another important initiative is to return to the idea of a complete ban on maritime traffic for Russian vessels. If this proposal is passed over the resistance of some member states, it could significantly limit Russia's ability to circumvent sanctions and export strategic resources.
Why it matters
New EU sanctions package could be a decisive factor in the West's attempts to force the Kremlin to negotiate peace this summer. Tightening control over the «shadow fleet» and new restrictions on financial and logistical operations should significantly affect Russia's economic interests.
If the 21st package of sanctions is adopted in late June or early July, Putin and his entourage may face a new level of international isolation. This increases the chances of a change in the Kremlin's position and opens a window of opportunity for diplomatic efforts to end the war.
The European Union demonstrates its readiness to take decisive steps and seek new instruments of pressure, which is important for supporting Ukraine and strengthening European security in the face of Russia's ongoing aggression.
