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US, EU taking new measures to prevent bypassing of anti-Russian sanctions

 Published: 08:09, 12 March 2023

US, EU taking new measures to prevent bypassing of anti-Russian sanctions

The Biden administration and the leadership of the European Union (EU) are taking measures to prevent third states from bypassing anti-Russian sanctions, US President Joe Biden and European Commission President Ursula von der Leyen said in a joint statement on Friday.

According to the document, the US and the EU members have imposed "unprecedented, coordinated, and effective sanctions and other economic measures" together in order to "further degrade" Russia’s defense industry.

"We are deepening our joint work to aggressively enforce our sanctions and export control measures and also to end and deter circumvention and backfill, including by expanded authorities to close down Russia’s access to all inputs that can support its war machine," the statement says.

"As part of this, we are taking new steps together to target additional third-country actors across the globe to disrupt support from any corner of the world where it is identified.".