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https://cmwlegal.pl/wp-content/uploads/2025/02/8.png18001200The Council of the EU adopted on 24th February 2025, the 16th package of sanctions against Russia for its military aggression against Ukraine.Among other things, the new package of sanctions provides for new entries on the sanctions list, transaction ban on credit or financial institutions established outside Russia and further restrictions on exports of goods which contribute to the enhancement of Russian industrial capabilities (chemicals, some plastics and rubber) and their transit through Russia, as well as further restrictions on the import of primary aluminium, which generates significant revenues for Russia.