The EU has officially approved new sanctions targeting 150 entities and 50 banks in Russia as part of its ongoing measures.
The European Union is expanding its comprehensive sanctions package against Russia. According to Benjamin Haddad, France’s Minister Delegate for European Affairs, the new sanctions will target 150 entities and 50 banks in Russia.
These sanctions aim to exert increased economic pressure on Russia by focusing on private sector and financial institutions. The EU intends to reduce tensions by imposing restrictions from various channels.
Applicants and business people from Turkey should closely follow this development, as the sanctions may affect certain commercial transactions and banking operations. New regulations regarding visas and travel could arise for those engaged in relations with Russia.
The EU’s sanctions package has now officially come into effect, and all restrictions and details will be announced by relevant authorities.
Source: Hürriyet