European Commission announces export controls and restrictions against Russia which are designed to limit their access to key technologies and resources

The EC, along with Japan, the UK, and the US, held a meeting on 10th July, 2024, to discuss the enhancement of export restriction measures in response to Russia’s invasion of Ukraine. They emphasised the importance of maintaining and adjusting these restrictions to prevent Russia from accessing military-related items, warning that companies profiting from such sales will face legal consequences…