Do you have information about sanctions evasion? Report it to the government. For example, use the EU sanctions whistleblower tool or contact the Fiscal Intelligence and Investigation Service (FIOD) at +3188-155 16 61. More information about reporting serious financial and fiscal crimes on the FIOD website.
EU: sanctions against Russia
The EU has imposed sanctions on Russia due to the illegal invasion of Ukraine. The sanctions remain necessary to increase pressure on Russia and to undermine Russias ability to continue the war in Ukraine. Sanctions make it more difficult for Russia to finance the war.
The new sanctions in brief
194 new individuals and organizations added to the sanctions list
With this new sanctions package, another 194 individuals and organizations have been added to the sanctions list. This means, for example, that their assets or holdings in EU countries are frozen. The new additions to the sanctions list include:
- companies within the Russian military-industrial complex;
- individuals and companies involved in Russian cyber warfare;
- individuals and companies involved in arms supplies to Russia from North Korea;
- individuals and organizations in Russia, Belarus, and the occupied Ukrainian territories involved in the abduction of Ukrainian children.
Export restrictions due to sanctions evasion
EU countries also impose export restrictions on 27 companies involved in sanctions evasion, including 11 outside Russia. The other companies come from China, India, Kazakhstan, Thailand, Turkey, Serbia, and Sri Lanka. Additionally, the EU is imposing more restrictions on the export of goods that can contribute to the Russian military industry, such as transformers.
Do the sanctions against Russia have an effect?
The sanctions against Russia impact the Russian treasury. Among other things, €300 billion of the Russian Central Banks assets are blocked in the EU and G7 countries. Over €21 billion in private assets are frozen. And Russia loses €90 billion in exports to the EU. Money that Russia cannot use to wage war.
Export restrictions also mean that Russia has less and less access to high-tech products, such as aircraft parts and computer chips.
Continued commitment of the European Union
The European Union continues to support Ukraines right to self-defense against Russian aggression and to build a peaceful, democratic, and prosperous future. A complete overview of the sanctions is available on the EU sanctions page. See also the EU sanctions timeline against Russia.
Dutch implementation of sanctions
Want to know more about the sanctions and how the Netherlands implements them? Visit the page sanctions against Russia and Belarus (White Russia).
