The European Union has recently imposed new sanctions on major shipbuilding in Russia. These sanctions were approved following the expansion of restrictions aimed at increasing pressure on the Russian military industry. In total, 826 companies and 743 individuals have been added to the EU sanctions list, marking the largest single expansion of this list since the onset of the Ukraine war in February 2022.
Key Shipyards Under Sanction
Among the companies mentioned in these sanctions are Admiralty Shipyards in St. Petersburg, Sevmash in Severodvinsk, and the Amur Shipyard in the Russian Far East. Additionally, the Severnaya Verf shipyard and the Zvezdochka ship repair center, which focus on the repair and modernization of submarines, are also included in this list.
These sanctions are not limited to military shipbuilding but also include other facilities such as commercial shipbuilding and repair. For example, the Vyborg Shipyard, the Serdne-Novoski Shipyard, and the Novoship Shipyard, all of which are involved in the construction of military and commercial vessels, have been sanctioned.
Consequences of the Sanctions
The new sanctions include asset freezes and a ban on providing financial and economic resources to these entities by individuals and companies in the EU. While these sanctions do not directly prevent the construction of military and commercial vessels at the sanctioned facilities, they are seen as a measure to reduce the capability to produce weapons in Russia.
According to EU officials, these companies have been identified as parts of the Russian military-industrial complex, and for this reason, they are being sanctioned under the new laws. These actions are aimed at increasing pressure on Russia to reduce its capacity to produce weapons used in the Ukraine war.
The new sanctions reflect the EU's special attention to Russia's military and shipbuilding infrastructure, particularly emphasizing restrictions on the production of weapons and military equipment. The increase in the number of sanctioned companies, especially in the field of ballistic missile production, according to EU officials, demonstrates the institution's determination to counter military threats from Russia.
Read more: General Safavi: Smart Management of the Strait of Hormuz is Iran's Main Strategy · Saudi Arabia Seeks to Increase Oil Transfer Capacity to 10 Million Barrels per Day
