Russia expands entry bans in response to EU sanctions.

The ST short-term foreign exchange tradingRussian Ministry of Foreign Affairs recently issued a statement announcing the expansion of the entry ban list targeting representatives of European institutions and EU member states. This move is in response to the EU's recent 15th round of sanctions against Russia, encompassing a wide range of individuals from various sectors.

Main Targets of the Expanded List

The individuals banned from entry include the following categories:

1. Personnel Providing Military Assistance: Involves officials from the powerful departments of EU countries, national institutions, and business organization staff who provide military support to Ukraine.
2. Legal and Asset Handling Personnel: Those involved in accusing Russian officials of "illegal arrests" and "transfers of residents," setting up courts against Russian leaders, and aiding the confiscation of Russian state assets or directing their profits to Ukraine.
3. Sanctions and Diplomatic Intervention Personnel: European and EU country institution staff responsible for implementing sanctions against Russia and attempting to disrupt Russia's relations with other nations.
4. Academic and Civil Activists: Activists and scholars noted for their "anti-Russia rhetoric."
5. Legislators Voting for Anti-Russia Resolutions: Includes members of EU countries and the European Parliament who support anti-Russia legislation.

Background of Russia's Response

The Russian Foreign Ministry emphasized that the expansion of this list is a direct response to the EU's recent escalation of sanctions. Previously, the EU announced a series of new sanctions targeting Russia's economic and political spheres, aiming to increase pressure on Russia. In response, Russia expressed strong dissatisfaction and stated that it would take further measures to defend its national interests.

Impacts and Future Outlook

This move may further exacerbate tensions between Russia and the EU. The EU's military support for Ukraine and escalation of sanctions against Russia are seen by Russia as direct interference in its internal affairs. Russia's countermeasures, including expanding the entry ban list, indicate an intensification of the confrontation between the two sides.

Analysts believe that the tug-of-war between Russia and the EU is unlikely to ease in the short term and may eventually involve broader fields, bringing more uncertainty to their relations.

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