12 Member States Call For Crackdown On Sanctions Circumvention

Wires reporting that 12 EU member states have released a document highlighting the issue of the circumvention of sanctions on Russia, and effort that should be taken to remedy this. Document: 'Sanctions circumvention tactics and procurement efforts by Russia are getting more numerous and more creative.'

• Document:'The EU should use trade instruments to pressure third-party countries into complying with EU sanctions against Russia....those who help Russia's military and industrial base should face consequences regarding access to EU single market.'
• Says that 'Russia is transitioning into a full-on military economy with a view to sustaining its war efforts...special focus should be put on Western components that are crucial to the Russian military industry.'
• Document: 'The EU should be able to act in cases where sanctions circumvention is linked to a broader range of products and components found in Russian material on the battlefield in Ukraine...the EU should encourage its companies to adopt contractual obligations regarding end-use of products they export to prevent sanctions.'

The mentioning of restricting single market access to nations working around sanctions on Russia could have significant impacts on non-aligned or Russia-aligned economies around the world, including on countries the EU is seeking to boost links with such as India.