Lithuania's Foreign Ministry informs about the extended sanctions against Russia adopted by the EU on 25 February
Created 2022-03-01
The Ministry of Foreign Affairs of Lithuania takes note of the extended restrictive measures imposed by the European Union yesterday, on 25 February 2022, in response to Russia's military aggression against Ukraine.
The sanctions include:
- Freezing the assets of Vladimir Putin, President of the Russian Federation, and Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation;
- entry ban and freezing the assets of members of the Russian State Duma, as well as certain Russian decision-makers;
- financial sanctions include cutting Russian access to the most important capital markets and prohibiting the acceptance by European banks of deposits exceeding certain values from Russian nationals or residents;
- prohibiting export to Russia of specific goods and technologies in oil refining;
- an export ban covering goods and technology in the aviation and space industry,
- further restrictions on exports of dual-use goods and technology;
- Russian diplomats and other officials will no longer be able to benefit from visa facilitation provisions, which allow privileged access to the EU.
The relevant legal acts, including the names of the persons concerned by restrictive measures, are published in the Official Journal.
The situation is ever-evolving. The Foreign Ministry therefore calls on Lithuanian residents and economic operators to actively follow the latest news for restrictive measures imposed by the EU and other countries.
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