Von Der Leyen Outlines New Sanctions on Russia

The video discusses a series of economic sanctions and measures imposed by the EU on Russia. These include cutting a €4 billion revenue source, imposing banking sanctions on four major Russian banks, banning Russian vessels from EU ports, and restricting Russian transport operators. Further measures include targeted export bans worth €10 billion and import bans worth €5.5 billion, affecting various sectors like semiconductors and machinery. Additionally, the EU bans Russian companies from public procurement and financial support to Russian public bodies.

What are some of the targeted export bans worth €10 billion aimed at?

What is the purpose of the general EU ban on participation of Russian companies in public procurement?