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EU Eyes New Sanction Power to Target Third-Country Firms, People

  • The new Russia sanctions mark a policy shift for the EU
  • They will allow the bloc to target EU, non-EU citizens

The European Union will gain broad powers with its new Russia sanctions package that would allow it to target people inside and out of the bloc who help evade its restrictive measures. 

The package adopted by member states this past week includes powers to list “natural or legal persons, entities or bodies” who facilitate the circumvention of EU sanctions.