The European Union is set to sanction around 55 companies and over 60 individuals, as part of its 13th sanctions package against Russia, Bloomberg reported on Feb. 8.
Shipping companies involved in moving North Korean ammunition to Russia are among the entities targeted by the sanctions. This effort includes firms and individuals that produce weapons and supply critical technologies and electronics for Russian defense companies' arms manufacturing.
On Feb. 3, the European Commission held informal talks with EU member states to discuss the 13th package's sanctions against Russia. These sanctions are expected to concentrate on shutting down loopholes for bypassing existing restrictions on trade with Moscow.
RFE/RL journalist Rikard Jozwiak commented on Feb. 4 that the upcoming EU sanctions package might be the weakest so far.
Read the original article on The New Voice of Ukraine