EU to Launch New Project With Member States on Russia Sanctions Enforcement
The EU plans to launch a new project with nine member states to root out gaps in the bloc's Russia sanctions regime and boost coordination between national authorities when imposing penalties, Bloomberg reported March 29. The project, which will deepen…
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ties between the European Commission and member state governments, could lay the groundwork for a new EU body to coordinate sanctions implementation, the officials said. The new project, to run for two years starting around June, would be the first instance of the EU's executive wing backing member states on sanctions enforcement at this scale, the Bloomberg report said.