Johannesburg,South Africa

The European Union announced more packages of sanctions against Russia for invading Ukraine which happened almost a year ago.

The EU has been trying by all means to isolate Russia by introducing a strings of sanctions and is determined to do whatever it takes to stop Russia for destroying Ukraine.

On Wednesday,the President of EU Commission has revealed that EU is adamant to put an end on Russian invasion of Ukraine by introducing further export bans.

According to von der Leyen,first,we propose further export bans worth more than €11 billion,to deprive the Russian economy of critical technology and industrial goods.For maximum impact,we are targeting many industrial goods that Russia needs,and that it cannot get through backfilling by third countries.Vital goods such as electronics,specialized vehicles,machine parts,spare parts for trucks and jet engines.And we are targeting goods for the construction sector which can be directed to Russia's military,such as antennas or cranes.

The EU is ready to hold Russia and those countries that are helping it to evade sanctions and it is now targeting tech and electronic components with new sanctions.

According to President von der Leyen,second,we will further restrict the export of dual use goods and advanced tech goods.We propose controls on 47 new electronic components that can be used in Russian weapons systems,including drones,missiles,helicopters.And on specific rare earth materials and thermal cameras.With this,we have banned all tech products found on the battlefield.And we will make sure they don't find other ways to get there.This is why,for the first time ever,we are adding third country entities to the Russia dual use sanctions.Iran's Revolutionary Guards have been providing Russia with Shahed drones to attack civilian infrastructure in Ukraine.Therefore,we are now adding seven Iranian entities to our dual use regime.They are now under a complete ban to sell sensitive items to Russia.And we stand ready to list further Iranian and other third country entities that are providing sensitive technology to Russia.This should act as a strong deterrent to other companies and international traders.

The EU is also planning to target those people who are seems to be Putin's propagandists and disinformation networks.

The EU is also working with its Member States to track Russian oligarchs assets which are trying to hide to escape sanctions.And EU is also trying by all means to find all assets frozen which belong to the Russian Central bank which are held in the EU.