On 26 February, the EU published what it describes as its harshest-ever package of restrictive measures.  Amendments include expanding the listing criteria which will enable the EU to easily target the entire Russian government and their family members, oligarchs and those active in leading sectors of the Russian economy.  It notes that three-quarters of Russia’s current commercial air fleet were built in the EU, the US and Canada and the sanctions mean that Russia will not be able to maintain its fleet to international standards.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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