Analysis
Rule of Law
Will the Rule of Law Reforms Fast-Track or Delay Ukraine’s EU Membership?
12 November 2024
The Kremlin has been bombarding its domestic and international audiences with propaganda that the EU sanctions aren’t hurting Russia’s economy today, but this is patently false. The ninth round will have an even larger impact on the troubled Russian economy, but they need to be enforced more stringently.
EU sanctions against the Russian Federation and Belarus have been the first example of war sanctions which are directly targeted against a country responsible for violation of the most basic foundations of the UN Charter and peace. And it is devastating the Russian economy today.
The 9th package of EU sanctions against Russia is a very recent example. The latest batch includes new individual designations, including the members of the Russian Armed Forces who are responsible for missile strikes on Ukrainian civilian infrastructure, Russian banks and broadcasters, additional bans on arms technologies, as well as a prohibition exporting components for drones, etc.
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