Sanctions Against Russia: EU Seeks Coordination to Limit Circumvention
Sanctions Against Russia: EU Seeks Coordination to Limit Circumvention

Author(s): Elżbieta Kaca
Subject(s): Politics, Economic policy, Security and defense, Russian Aggression against Ukraine
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: EU; Russia; sanctions;
Summary/Abstract: The Russian authorities are constantly trying to circumvent EU economic restrictions. They use various methods of concealing trade in sanctioned goods, especially crude oil, including through companies from non-EU countries. The challenge for the EU is how to minimise these practices, which are facilitated by the differences between the Member States in detecting and pursuing such infringements. The Union should adopt common standards in this area as soon as possible. In coordination with the G-7, the EU could also add foreign companies participating in the circumvention schemes to sanctions lists.

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