Sanctions
The EU has imposed a series of sanctions against individuals and organisations. These measures are designed to weaken Russia's economic base, depriving it of critical technologies and markets and significantly reduce its ability to wage war.
To avoid affecting food supplies, EU sanctions do not block the export of food and agricultural products, nor related transactions: anyone can buy and transport food and fertilisers coming out of Russia.
More information
EU sanctions make it more difficult and expensive for Russia to continue its war of aggression against Ukraine (24/03/2025)
Ukraine: EU agrees to extend the scope of sanctions on Russia and Belarus (09/03/2022)
EU and G7 adopt new sanctions against Russia (11/03/2022)
EU condemns massacres and EC proposes sharper sanctions (06/04/2022)
Food security
The Commission is committed to taking all necessary measures to ensure that the EU, as a net food exporter and top agri-food producer, contributes to global food security, particularly in Ukraine, North Africa and the Middle East, which largely rely on imports of cereals, as well as in Asia and sub- Saharan Africa. The EU is a lead provider of humanitarian and development assistance on food and food systems.
More information
Commission acts for global food security (24/03/2022)
Russia must stop using food as a weapon (01/08/2022)
Oil prices
Since December 2022, the members of the Price Cap Coalition (PCC), composed of Australia, Canada, the EU, Japan, the UK, and the US, have introduced three different price caps, which are currently in force and subject to periodic revision. The mechanism agreed by PCC set one price cap for Russian oil (3 December 2022) and two caps for petroleum products shipped to third countries (4 February 2023). This mechanism helps addressing inflation and keeping energy costs stable.
More information
Please visit the dedicated web page.
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