The EU has started preparing the 14th package of sanctions against Russia and Belarus, which should be adopted in the spring.
This was stated by Vice President of the European Commission for An Economy that Works for People, Valdis Dombrovskis.
"We have started preparing a 14th sanctions package, which should be adopted in spring. It is likely to include an extensive list of restrictive measures with a strong anti-circumvention angle – in the maritime sector, for example, as Russia continues to try and violate the price cap for its oil exports," Dombrovskis said.
According to him, the EU is also looking for a way to stop sanctions circumvention through Western subsidiaries operating in countries outside Europe.
"From the EU perspective, EU parent companies that retain influence over the business operations of their overseas subsidiaries can incur responsibility for operations undertaken by those subsidiaries," Dombrovskis said.
He also emphasized that the EU will continue to put pressure on Russia and those who support it.
"We will continue going after Putin's cronies. And we will continue to go after those helping Russia to circumvent sanctions or replenish its war arsenal," he said.
In addition, he said, the G7 is also discussing the use of frozen Russian assets. It has already been decided that the assets remain immobilized until Russia pays reparations.
Earlier, we wrote that according to international law experts, the seizure of frozen Russian assets does not contradict international law.