The EU sanctions will weigh heavily on Russian industry and society

The EU sanctions will weigh heavily on Russian industry and society

A comprehensive list of products, ranging from semiconductors to toilet paper, has been included in the eighth and new EU sanctions package, a first draft of which is available to EURACTIV.

EU ambassadors are expected to discuss the new package at an informal EU summit in Prague this week ahead of its expected adoption next Friday (7 October).

The European Commission’s proposal could have a particularly severe impact on Russian industry and citizens, as the list of sanctioned companies includes prominent names and the restricted products span several important sectors.

As tensions between the West and Russia have sparked an energy crisis in Europe, the European Commission has proposed meeting with energy giants like Transneft, Rosneft and Gazprom Neft. The latter is the oil subsidiary of Gazprom, which was at the center of Moscow’s threats to stop gas supplies.

Other state-owned companies on the list of sanctions laws are arms concerns Rostec and Almaz-Antey, machinery manufacturers Uralvagonzavod and Kamaz, aerospace companies Oboronprom and United Aircraft Corporation, shipbuilders Sevmash, Sovcomflot, Russian Maritime Register of Shipping and United Shipbuilding Corporation.

The list of sanctioned products is likely to suffocate Russia’s manufacturing capacity, as it involves parts for all types of vehicles, Cars, motorcycles, trains, ships, airplanes and even spaceshipsby sanctioning components such as engines and testing machines.

The list includes all types of iron, steel and metal products such as pipes, wires and screws, as well as biodiesel, lead, coal and petroleum derivatives. All of these are used in all types of manufacturing processes.

Chemicals are also high on the list. Compounds with a concentration of at least 90% by weight Chemicals such as mercury, ethanol and butane should be banned.

The new sanctions could extend to almost all semiconductors, essential elements of all electronic devices. According to media reports, the Russian army already needs this technology so much that it reuses semiconductors from household appliances.

In particular, the European executive has proposed sanctioning manufacturers of appliances such as refrigerators, dishwashers and water heaters. In general, all telecommunications devices are also attacked, including phones, smart cards, cameras, and fiber optics.

In a move that appears to be affecting public opinion more than Russia’s war machine, the commission has proposed sanctioning personal hygiene-related products such as makeup, soap, shaving products, deodorants, cleaning products and even toilet paper.

Cigarettes and other tobacco products are also on the list, as are cotton derivatives, printing ink and photographic film.

In addition, the commission has proposed expanding the list of restrictions on Russian law enforcement agencies, including preventing them from buying or selling riot-control equipment such as tear gas and riot shields, and electroshock devices such as stun guns.

This decision comes in the context of unrest in Russia following the Kremlin’s announcement that it would mobilize 300,000 reservists to fight in Ukraine. This mobilization has led to a mass exodus of potential recruits and demonstrations on the streets of major cities.

At the same time, the list does not include some of the proposals made by the most belligerent countries last week.

According to a wish list seen by EURACTIV last week, Poland, Ireland and the three Baltic countries had offered to tackle nuclear technology, computing machines, ICT services and diamonds.

The five countries had also called for a Europe-wide ban on Kaspersky Lab, a major Russian cybersecurity firm accused by US intelligence of having ties to the Kremlin.

Reference: www.euractiv.fr

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