The EU will ban Russia from buying technology from third-party developers — the 11th package of sanctions has come into effect

The European Union has adopted the 11th package of sanctions against the terrorist state of Russia over its military aggression in Ukraine. This became known from an official press release on the European Commission’s website.

Among other things, the next sanctions package introduces a «new tool to combat the circumvention of sanctions.» It is noted that it will allow the EU to restrict the sale, supply, transfer or export of sanctioned goods and technologies to a number of third countries whose jurisdictions are at a constant and particularly high risk of sanctions circumvention. The European Commission explained that this new instrument «will be exceptional when other individual measures prove insufficient».

The EU has also extended the ban on the transit of certain «sensitive goods» — advanced technologies, aviation materials — exported from the EU to third countries via Russia. This should also reduce the risk of sanctions circumvention.

The restrictions also apply to «15 technological units found on the battlefield in Ukraine or equipment necessary for the production of such devices.» Interestingly, neutral Switzerland has joined the coordination council that monitors compliance with the sanctions.

As a reminder, in the 8th package of sanctions, the EU banned the occupiers from owning cryptocurrency wallets in the EU member states. Russian citizens will also not be able to store digital assets in the EU, regardless of the amount on the cryptocurrency wallet. According to Ursula von der Leyen, Russia will lose about seven billion euros due to these sanctions.

In the 9th package, the EU banned the supply of laptops and generators to Russia. The European Parliament has also focused its efforts on undermining the military-industrial complex of the terrorist state and a number of critical military industries.