Ambassadors of EU member states approve new Russia sanctions: 50 banks listed

Ambassadors of EU member states provisionally agreed on 11 November to impose sanctions on 145 individuals and entities involved in Russia's aggression against Ukraine, cyberattacks and hybrid activities. The agreement was reached at a meeting of the Committee of Permanent Representatives (Coreper).

Source: European Pravda's correspondent in Brussels, citing an EU diplomat familiar with the outcome of the meeting

Details: The new listings are to be finally approved by the EU Foreign Affairs Council, which will meet in Brussels on Monday 16 November.

"Twelve individuals and 101 legal entities will be added to the sanctions lists for actions against Ukraine's territorial integrity, sovereignty and independence. Among these 101 entities are 50 Russian banks," European Pravda's source said.

The fresh sanctions will also target several companies that support the operations of Russia's so-called shadow fleet.

A further 30 individuals and one entity will be listed under the sanctions regime targeting Russia's hybrid activities. Another entity will be sanctioned under the EU's cyber sanctions regime.

Background:

• On 12 October, the EU approved the most extensive expansion of personal sanctions against Russia, with almost 1,600 individuals and legal entities on the new list, as reported by European Pravda.
• On 22 September, the Council of the EU extended sanctions against those responsible for undermining or threatening Ukraine's territorial integrity, sovereignty and independence for another 36 months, but removed Russian oligarchs Alisher Usmanov and Mikhail Fridman from the list.

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