Today, EU Sanctions Envoy, David O’Sullivan, convened the sixth Sanctions Coordinators Forum, gathering high-level representatives from all EU Member States and a broad coalition of international partners (the UK, the US, Japan, South Korea, Canada, Australia, New Zealand, Liechtenstein, Norway, Switzerland, Iceland). Representatives of the Government of Ukraine joined for a dedicated session.
As the Russian aggression against Ukraine has entered its fifth year, this meeting was the opportunity to take stock of the continued impact of the sanctions adopted collectively and bolster cooperation amongst the coalition.
Discussions looked to the EU and its allies’ new sanctions measures on Russia as well as new areas of focus to hamper the Kremlin’s war efforts in a sustained way. Taking account of the current geopolitical tensions, this meeting made possible a data‑driven assessment of Russia’s struggling economy and means to keep pressure up on its revenues.
Participants exchanged views on emerging trends and patterns, also looking to entities and networks involved in facilitating circumvention in the financial and energy sectors. The discussions covered the state of play of the Russian military industrial complex and constraints to key military supply routes.
Following the Forum, EU Sanctions Envoy David O’Sullivan said:
“As Russia’s full‑scale invasion of Ukraine steps into a war of attrition, the economic strain on Russia is deepening. Sanctions throw a wrench in Putin’s war machine. That’s why Russia is constantly seeking new ways to circumvent our sanctions. Today was about our collective work to stop that from happening”.
Related links
Sanctions adopted following Russia’s military aggression against Ukraine
Overview of sanctions and related resources
