December 14, 2021
1 min read

EU blacklists Russian private military firm

The listed individuals and entities will be subject to an asset freeze in the EU, and a travel ban to the EU…reports Asian Lite News

The European Union (EU) has imposed sanctions against the Russian paramilitary group Wagner, amid concerns of the alleged Russian military build-up along the eastern Ukraine borders.

The sanctions will cover the Wagner group itself, three companies with links to the group and eight individuals, the EU’s High Representative for Foreign Affairs and Security Policy, Josep Borrell told reporters here.

The listed individuals and entities will be subject to an asset freeze in the EU, and a travel ban to the EU, reports Xinhua news agency.

They will be prohibited from making funds available, either directly or indirectly, to those listed.

At Monday’s press conference, Borrell reaffirmed that the bloc “stands united in support of Ukrainian sovereignty and territorial integrity”, warning that any aggression by Russia against Ukraine would trigger economic sanctions that would come at a “high economic cost”.

The latest measure was announced after the G7 Foreign Ministers athered in Liverpool from December 10 to 12.

During a phone call with Russian President Vladimir Putin on Monday, British Prime Minister Boris Johnson expressed concerns over the alleged large-scale movement of Russian troops along the Ukrainian borders, the Kremlin said in a statement.

Putin gave Johnson specific examples of how authorities in Kiev undermined the implementation of the Minsk agreements, “which are an uncontested basis for resolving the internal crisis in Ukraine”.

Putin underlined the need to immediately begin negotiations on clear and internationally legal agreements against the NATO’s further eastward expansion and against the deployment of weapons in Russia’s neighbours, primarily Ukraine.

ALSO READ: Tensions on Ukraine’s borders to be discussed at EU summit: Borrell

Previous Story

California brings back indoor mask mandate

Next Story

Germany begins vax drive for kids

Previous Story

California brings back indoor mask mandate

Next Story

Germany begins vax drive for kids

Latest from -Top News

Google announces $15 billion investment in Malaysia

The investment will fund new data centres, support more than 37,000 jobs annually during construction and strengthen Malaysia’s position as a regional AI and technology hub….reports Asian Lite News Desk Google has

Hasina return speculation grows as Dhaka stays silent

A fresh passport application by former Bangladesh Prime Minister Sheikh Hasina has triggered renewed political and diplomatic debate over her possible return…reports Asian Lite News Desk Bangladesh’s newly appointed Foreign Secretary Salahuddin

Ukraine Talks Head to UAE

Russia, Ukraine and the US are preparing for fresh trilateral talks in Abu Dhabi on November 10 and 11, as diplomatic efforts to end the war gather pace….reports Asian Lite News Desk

AI bubble fears grow as Gita Gopinath flags risks

Former IMF chief economist Gita Gopinath has warned that the global AI investment boom could face a significant correction as companies struggle to justify soaring valuations and massive spending….reports Asian Lite News
Go toTop

Don't Miss

Delhi declaration “stepping stone” for peace in Ukraine: EU

The official hopes that Brazil, which takes over the G20

EU, NATO, Ukraine to ramp up weapon production

The three sides will set up a coordination mechanism that