EU announces fourth set of sanctions against Moscow for its military operation in Ukraine

The European Union announced late last night that the 27-nation bloc has approved a fourth set of sanctions against Moscow for its military operation in Ukraine.

France, which holds the EU presidency, said in a statement that the bloc approved a package targeting individuals and entities involved in the action against Ukraine, along with sectors of the Russian economy. The exact details of the latest package will be revealed in the EU’s official journal.

Since the military operation of Russia began in Ukraine last month, the EU has adopted tough measures targeting Russian President Vladimir Putin, Russia’s financial system, and the country’s corporates. Last week, the bloc agreed to slap further sanctions on 160 individuals and added new restrictions on the export of maritime navigation and radio communication technology.