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EU announces new sanctions against Russia

12 September 2014 10:12 (UTC +04:00)

The EU barred three major Russian oil companies (Rosneft, Transneft, GazpromNeft) and three major defense companies (Oboronprom, United Aircraft Corporation and Uralvagonzavod) from seeking finance on European capital markets.

The union also banned sales of dual-technology equipment to nine Russian defense companies, including the Kalashnikov Concern, Russia’s largest producer of automatic and sniper combat arms.

A total of 24 people, including senior Russian lawmakers and the leadership of the self-proclaimed Donetsk People’s Republic, were added to the list of individuals facing EU travel bans and asset freezes.

Among the companies included in the full list of natural or legal persons, entities or bodies (Official Journal of the European Union) are: JSC Sirius (optoelectronics for civil and military purposes), OJSC Stankoinstrument (mechanical engineering for civil and military purposes), OAO JSC Chemcomposite (materials for civil and military purposes),

JSC Kalashnikov (small arms), JSC Tula Arms Plant (weapons systems), NPK Technologii Maschinostrojenija (ammunition), OAO Wysokototschnye Kompleksi (anti-aircraft and anti-tank systems), OAO Almaz Antey (state-owned enterprise; arms, ammunition, research), OAO NPO Bazalt (state-owned enterprise, production of machinery for the

production of arms and ammunition),

List of persons, entities and bodies referred to in Article 5(2)(a);

OPK OBORONPROM UNITED AIRCRAFT CORPORATION, URALVAGONZAVOD;

List of persons, entities and bodies referred to in Article 5(2)(b);

ROSNEFT, TRANSNEFT, GAZPROM NEFT

Russian lawmakers on the sanctions list include Vladimir Zhirinovsky, an outspoken leader of the ultra-nationalist Liberal Democratic Party (LDPR), Igor Lebedev, deputy speaker of the Russian State Duma, and Svetlana Zhurova, first deputy chairman of the State Duma foreign affairs committee.

Alexander Zakharchenko, who replaced Alexander Boroday last month as the prime minister of the self-proclaimed Donetsk People's Republic, has been also targeted by the sanctions.

This brings the total number of individuals subject to sanctions to 119. A total of 23 entities remain under an asset freeze in the European Union.

Russian presidential spokesman Dmitry Peskov said Thursday Moscow regrets the EU decision to impose new sanctions against Russia over Ukraine and views them as illegitimate.