EU to slap export controls on Indian entities in major crackdown on Russia's war economy
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In a major escalation of economic warfare against Moscow, the European Union has unveiled plans for its massive 21st sanctions package, explicitly taking aim at companies in third-party nations including India that are accused of sustaining Russia’s military-industrial complex. The EU move is likely hurt the export of Indian weapon manufacturers. The announcement was made by Kaja Kallas, the EU’s High Representative for Foreign Affairs and Security Policy, who declared that the bloc is systematically collapsing the foundations of Russias war Third-Country EnablersThe latest package represents the largest set of listings proposed by the EU in over two years, featuring more than 170 new targets alongside 81 additional listings set to be adopted by the Foreign Affairs Council next week.
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