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On 25 June, the European Union implemented its 14th sanctions package targeting Russia, marking a significant shift in its strategy to undermine Russia’s economy through restrictive measures.
This latest package includes unprecedented sanctions on Russian gas, alongside new sectoral restrictions and prohibitions on transactions and services. The primary aim is to tackle and prevent sanctions evasion, thereby strengthening compliance and enforcement efforts.
The package seeks to enhance private sector adherence, bolster enforcement by national authorities, and impede efforts…