The European Union says it is working to improve compliance with and enforcement of its six rounds of sanctions against Russia as the 27-nation bloc seeks to tighten the economic pressure on the Kremlin for its war in Ukraine.
At the heart of the EU’s challenge is the division of powers between Brussels, which sets sanctions policy, and the numerous national ministries, supervisors and industry groups that are asked to interpret and implement it. The sanctions are designed to hit Russia’s economy, financial sector, military and political elite by keeping Russian money and assets locked inside the EU bloc and sharply curbing trade and financial links with Russia.
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