EU Sanctions Set to Target Russian Military and Tech Firms, Bloomberg

EU Sanctions Set to Target Russian Military and Tech Firms, Bloomberg

Bloc proposes penalties on more than 100 individuals, entities, Bloomberg writes. Proposals include firms shipping ammunition from North Korea. The European Union has proposed sanctioning about 55 companies and more than 60 individuals as part of a new package of measures to mark two years since Russia invaded Ukraine.

The restrictions would target individuals and firms involved in producing weapons and supplying key technologies and electronics used by Russian defense firms to build the armaments, according to documents seen by Bloomberg.

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