EU sanctions on Russia explained

The first set of EU sanctions (‘restrictive measures’) against Russia were adopted in March 2014, following Russia’s illegal annexation of Crimea and Sevastopol, and its support for a separatist insurgency in eastern Ukraine.

Outraged by Russia’s illegal and unprovoked full-scale invasion of Ukraine in February 2022, European Union countries swiftly adopted unprecedentedly tough sanctions, in close cooperation with partners including the United States, the United Kingdom, Canada, Australia and Japan. The rapid succession of ten packages of EU sanctions adopted since then (by February 2023), in what has already been labelled a ‘sanctions revolution’, have resulted in an unparalleled set of measures targeting the key sectors of the Russian economy and the political elites. New sanctions have also been adopted against Belarus and Iran, in response to their involvement in Russia’s war of aggression.

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CONTENT:
00:00 Sanctions revolution
00:27 Magnitude of sanctions against Russia
02:03 Effectiveness of sanctions against Russia
03:24 Impact of sanctions against Russia
04:21 Sanctions diplomacy and monitoring
04:59 Outro

#russia #sanctions #RussiaUkraineWar

[tqd]

well done for attempting to mess with the most recourse rich nation, sanctioning them and weakening yourselves when you realise europe relies on russian recourses

[salciano]

I'm paying over triple of my electricity bills because of these terrible policies! Stop this madness! This is suicide!

[bea]

How's that going for you??? My husband, who works in the industry says that UK car companies can't ship car parts abroad to have engines built and tested by their partners because they can't validate exactly where the metal has come from. Specifically that it hasn't come from Russia. So putting multi million pound engine projects at risk. Yeah, really hitting Russia hard I see.

[КириллМирченко]

as they say in Russia, we will put packages with sanctions in a package with packages in a package

[Morehu-sfwh]

Why no sanctions on fertiliser and uranium, because you need them. Russia should stop selling these items and the west farming will collapse

[ozzyolof]

Russia just got back into the top 10 GDP of nations.
Lowest inflation rate in Europe.
And this after all the sanctions and war that the West has imposed on it
Russia will prevail 🇷🇺!!!

[stcenturyscots]

What EU sanctions on Saudi Arabia are in place?
There must be an similar amount as on Russia.

[tawandashambare]

Russia don't care about that, EU they're poor now

[nisarullah]

Then how UK and Germany got into recession? And why Russian ruble is performing outstanding? Why Russia economy is doing much more better then EU countries? And why the war is not ending? Why Ukraine is making New demands for weapons? Why bakhmud fall into Russia hands? Why Russia is not willing to negotiate? Answer all these points.

[AfricaNamibian]

😂😂😂 sanctions had never worked in well informed and well organized country

[mohan]

🤣🤣
US resumes Russian
oil imports, defies sanctions

ByTuhin Das Mahapatra

Jan 12, 2024 12:48 PM IST



Controversy brews as the US resumes Russian oil imports amid sanctions.

According to the US Energy Information Administration (EIA), the US imported 36, 800 barrels of Russian oil in October and 9, 900 barrels in November, worth $2.7 million and $749, 500, respectively. The imports were made possible by specific licenses granted by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), which oversees the enforcement of sanctions.
(Hindustan Times)

[luckyea]

According to the results of April, the salaries of citizens of the Russian Federation increased by 10% in annual terms.

In May 2023, the inflation rate in Russia amounted to 0.31%, which is 0.07 less than in April 2023. At the same time, inflation since the beginning of 2023 amounted to 2.38%, and on an annualized basis - 2.50%.

In 2023 Russia ranks 1st in terms of inflation in the world.


Assistant to the President of Russia Maxim Oreshkin said that wage growth in Russia could reach 10% in May and June.

“In fact, there is a very rapid growth (wages) now. I think that the statistics for May-June will be an increase of up to 10% in real terms compared to the level of last year, ” Oreshkin said.

[swampfox]

It’s seems to have a reverse effect, Germany is now in a recession and so will the rest of Europe soon. Inflation will get worse and working class will suffer as a result of higher cost of food. All those elected officials better prepare for this coming election whether they will still be voted.

[ozzyolof]

33 seconds into this diatribe I stopped listening

[GoktugErol-oc]

That's none sense, it's not people's fault, also were you guys doing the same when stealing African and American resources, invading their territories?