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The EU Adopts its 14th Sanctions Package Against Russia
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EU adopts its 19th sanctions package against Russia and additional restrictive measures against Belarus
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On 23 October 2025, the EU adopted its 19th package of restrictive measures (sanctions) against the Russian Federation. Concurrently, the EU has also adopted further restrictive measures targeting the Republic of Belarus.
The measures were adopted through:
• Council Regulation (EU) 2025/2041 of 23 October 2025 amending Regulation (EC) No 765/2006.
This package amends the EU’s existing sanctions framework with a combination of (i) additional listings of persons and entities, (ii) expanded sectoral restrictions and export-control measures, (iii) measures directed at specific revenue channels and modes of circumvention or frustration of the purpose of sanctions, and (iv) prior notification requirement and authorisations for travel and transit through EU Member States for diplomatic and consular personnel of Russia.
Outlined below are the main elements and principal legal changes effected by the adoption of the latest package.
New Designations
The EU has imposed asset freeze measures on a total of 64 persons under Regulation (EU) No 269/2014, consisting of 22 individuals and 42 entities, including entities established in third countries (United Kingdom, China, Hong Kong, United Arab Emirates and Kyrgyzstan).
The EU has also introduced a new listing criterion under Regulation (EU) No 269/2014 providing for a legal basis to designate those “responsible for, supporting or implementing actions or policies contributing to the deportation, forced transfer, forced assimilation, including indoctrination, or militarized education of Ukrainian minors.”
Among those that have been recently designated are Russia’s largest gold producer (PJSC Polyus); Russian conglomerate active in the oil sector established in Tatarstan (LLC Yadran-Group); and various third-country operators accused of facilitating Russian revenue streams (including two Chinese refineries and a Chinese oil trader). Moreover, under the new listing criterion, the EU has designated businesspeople and entities within the Russian military-industrial complex, and non-Russian (UAE and China) operators producing or supplying military and dual-use goods to Russia, as well as individuals involved in the abduction, forced assimilation and militarized education of Ukrainian minors.
In order to align terminology across its legal acts, the EU has included in Regulation (EU) No 269/2014 definitions of “owning” and “controlling” a legal person, entity or body by applying the definition already provided in both the EU Best Practices (as updated in July 2024) for the effective implementation of EU restrictive measures, and in Council Regulation (EC) No 2580/2001.
Lastly, the asset freeze provision under article 2 of Regulation (EU) No 269/2014 has been amended as follows:
Therefore, the reference to “natural or legal persons, entities or bodies associated with” designated persons and/or entities listed in Annex I was deleted, maintaining the wording “owned or controlled” by a designated person.
Furthermore, the EU has designated five persons (two individuals and three entities) under Regulation (EC) No 765/2006 under the Belarus program.
Energy-related measures
With the 19th package, the scope of sectoral measures targeting the energy sector of the Russian Federation economy has been expanded.
In particular, the EU has imposed a ban on the import of Russian liquefied natural gas (LNG) into the EU. Under the adopted timetable, long-term LNG contracts become subject to the ban as of 1 January 2027, while short-term contracts are to be phased out within six months and by 25 April 2026.
The package simultaneously tightens transactional restrictions applicable to certain major Russian state-owned oil producers and adds targeted listings of corporate actors active within the Russian oil sector. In particular, the existing transaction ban in Regulation (EU) No 833/2014 on two major Russian state-owned oil producers (Rosneft PJSC and Gazprom Neft PJSC) was amended.
In order to counter identified marine circumvention, the EU (i) has designated 117 additional vessels subject to port-access and service prohibitions as set out in Annex XLII to Regulation (EU) No 833/2014, bringing the total number of designated vessels in the context of the so-called “shadow fleet” to 557; and (ii) has prohibited the re-insurance of those designated vessels.
Military and industrial complex, trade measures and export control
Export bans have been introduced under Annex XXIII to Regulation (EU) No 833/2014, listing goods which generate significant revenues for Russia. This now covers products such as salts and ores, articles of rubber, tubes, tyres, millstones, and construction materials.
These inclusions have also been mirrored for Belarus with additional listings in Annex XVIII of Regulation (EC) No 765/2006.
Moreover, the list of advanced goods and technologies subject to export prohibition set out in Annex VII to Regulation (EU) No 833/2014 has been expanded and now includes electronic components, rangefinders, additional chemicals used in the preparation of propellants, and additional metals, oxides and alloys used in the manufacturing of military systems.
These inclusions have also been mirrored for Belarus with additional listings in Annex Va of Regulation (EC) No 765/2006.
Annex IV to Regulation (EU) No 833/2014 has been updated to include 45 additional entities now subject to stricter export restrictions on dual-use goods and technologies capable of contributing to the technological advancement of Russia’s defense and security sector, including export and circumvention of CNC machine tools, micro-electronics, unmanned aerial vehicles and other advanced technology goods, 17 of which are based in third countries (12 in China, including Hong Kong, three in India, two in Thailand).
The package further establishes a prohibition on the provision by EU operators of services directly related to tourism activities within the Russian Federation.
The prohibition of purchase, import and transfer into the EU under Article 3i has been extended to include all acyclic hydrocarbons originating in Russia or exported from Russia as listed in Annex XXI of Regulation (EU) No 833/2014. The same EU import ban has been provided for goods originating in or exported from Belarus and listed in Annex XXVII of Regulation (EC) No 765/2006.
Financial and crypto asset measures
In respect of the financial and crypto assets sector, this package extends the prohibitions against instruments, persons and platforms used to circumvent existing restrictions.
In particular, the package establishes a prohibition for EU operators, as from January 2026, to connect to any systems of the Central Bank of Russia or to systems provided by any person, entity or body incorporated or constituted under Russian law that include a financial messaging functionality, including the Russian National Payment Card System (“Mir”) and the Fast Payments System (“SBP”).
Furthermore, due to Russia’s increased use of crypto assets, notably the stablecoin “A7A5,” starting from 25 November 2025 the EU has prohibited transactions involving A7A5 in the EU.
The already existing prohibition on the provision of crypto asset services to Russian nationals or natural persons residing in Russia, or to entities established in Russia, has been extended by including among the restricted services the issuing of payment instruments, acquiring of payment transactions, or payment initiation services and the issuing of electronic money. The same prohibition went into effect under the Belarus sanctions framework.
The list of third-country credit and financial institutions and crypto asset service providers in Annex XLV to Regulation (UE) No 833/2014 subject to a transaction ban has been extended to include entities from Tajikistan, Kyrgyzstan, the United Arab Emirates and Hong Kong that allegedly frustrate the purpose of sanctions. In order to fight against the proliferation of new entities succeeding to listed ones, the EU has extended the transaction ban to also target those mirror/successor entities that satisfy at least two of the following criteria: (a) substantially identical content, feeds or transaction flows; (b) continuity of branding, design or user interface; (c) overlapping ownership, control or management; (d) redirection or migration of users from a listed entity; and (e) continuity of technical infrastructure, including use of the same code base, domains or applications.
Furthermore, five additional Russian banks (‘NPO’ “Istina” (JSC), LLC “Zemsky Bank,” Commercial Bank Absolut Bank (PAO), PJSC “MTS Bank” and JSC “ALFA-BANK”) have been targeted with a transaction ban.
Moreover, significant restrictions have been introduced on economic relations with entities operating in 9 Russian special economic zones listed in Annex LII of Regulation (EU) No 833/2014.
These measures ban acquiring or extending ownership or control of entities in these zones, creating new joint ventures or branches, entering into new supply contracts, and providing financing or investment services connected to such entities. As of 25 January 2026, the restrictions extend to maintaining existing ownership, joint ventures, branches, contracts, or financing arrangements with entities listed in Part A of Annex LII of Regulation (EU) No 833/2014.
Limited exceptions apply for public health or environmental emergencies, certain energy or raw material imports, humanitarian activities, research and production of medical or agricultural goods, contract execution prior to 24 October 2025, divestment or wind-down of operations, and essential telecommunications and data services.
Provision of services
The measures governing the prohibition on the provision of services has been restated and amended.
The following have been added to the list of restricted services as of 25 November 2025:
A ban on the provision of “services directly related to tourism in Russia” has been introduced. This prohibition is different from the prohibition of other services restricted under the same Article 5n which targets the provision of services to the Russian government, or entities incorporated in Russia.
Moreover, prior authorization is now required for the direct or indirect provision to the Russian government of any services other than those already prohibited under Article 5n, paragraphs 1 and 2 of Regulation (EU) No 833/2014. National competent authorities will be entitled to issue such licenses on the basis of a specific, case-by-case assessment.
For these last two restrictions, a temporary derogation has been provided for until 1 January 2026 for the performance of contracts concluded before 24 October 2025.
With respect to Belarus, mirroring the measures already adopted for Russia, the EU has prohibited, as of 25 November 2025, the supply of commercial space-based, artificial intelligence (AI) and high-performance computing services to the Belarus government, to entities established in Belarus and to any natural person and entity acting on behalf or at the direction of the Republic of Belarus, its government, its public bodies, corporations or agencies. Transitional arrangements are provided for contracts concluded before 24 October 2025, allowing limited continuation until 1 January 2026.
Moreover, the list of software with certain uses in the banking and financial sector under Annex XXVI of Regulation (EC) No 765/2006 whose provision is prohibited to the abovementioned subjects has been extended.
An equivalent authorization mechanism for services not already restricted has been provided when in favor of the Republic of Belarus, its government, its public bodies, corporations or agencies.
Divestment Derogations
A certain number of derogations linked to divestment from Russia or involving certain Russia persons and/or entities have been extended until 31 December 2026.
Movement of Russian diplomats
The package also introduced a prior notification requirement for all diplomatic or consular personnel who intend to travel to or transit through the territory of any Member State, except when entering or transiting the Member State that has issued a residence permit or visa. Such travel must be notified at least 24 hours in advance to the Member State(s) concerned. Furthermore, a Member State may impose an authorization requirement for travel or transit, even where a visa or residence permit has been issued by another Member State.
Economic Sanctions
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Elena Klonitskaya
Edoardo Zucchelli
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