The European Union is preparing a historic sanctions package targeting approximately 1,600 individuals and entities linked to Russia’s war machine. The proposal, split between 800 people and 800 organizations, is expected to be adopted by mid-October and would push the EU’s total sanctions designations against Russia to well over 4,000. The focus is on companies and intermediaries that found ways to circumvent earlier rounds of restrictions, targeting evasion networks and military supply chains. This package follows the 21st sanctions package adopted on July 23, 2026, which introduced bans on crypto-asset service providers operating in third countries.
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