EU considers ban on Kaspersky lab, Gazprombank – Bloomberg

Five countries are said to be considering a new round of sanctions against Russian companies

Kaspersky Lab, a Russian cybersecurity company best known for its anti-virus products among other products, has been targeted for a new round of anti-Russian sanctions to be considered by the EU. Poland, Ireland and the three Baltic states have called on Brussels to ban members of the bloc from using its products, Bloomberg reported on Friday.

The move is seen as a way for the EU to tighten existing restrictions on trading with Russia in the technology sector, Bloomberg said, citing a document it had seen and several people familiar with. this topic. Other proposals involve restricting technology exports to Russia and adding more goods such as data processing machines and storage devices to a tech product export blacklist.

Gazprombank – a Russian lender used by EU companies to pay for gas transportation – has been cited by the five countries as other potential sanctions targets. The bank has so far been exempt from most block sanctions due to its role in gas transactions. Latvia, Lithuania, Estonia, Ireland and Poland now offer to cut it off from the SWIFT international payment system, along with several other Russian banks.

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The European Union's High Representative for Foreign Affairs Josep Borrell holds a news conference after the European Union Foreign Ministers meeting in New York on September 19, 2022.
EU imposes new sanctions on Moscow – Borrell

The five countries also made a variety of proposals on strengthening anti-Russian sanctions, ranging from a ban on liquefied natural gas (LPG) products to restrictions on nuclear energy cooperation and diamond imports from China. Russia. The list of proposals also includes a ban on the sale of real estate to Russian companies and individuals who are not EU residents, as well as further censorship of the media.

The report comes just days after EU foreign policy chief Josep Borrell announced plans for new sanctions against Moscow. He did not elaborate but said that they would target the Russian economy and the technology sector in particular, while the EU would also blacklist a number of individuals.

On Wednesday, Vladimir Putin announced a partial mobilization, which would call up 300,000 reservists to take part in the conflict with Ukraine. On Friday, the two republics of Donbass and the Russian-controlled Zaporozhye and Kherson Regions began referendums on joining Russia, scheduled to be held September 23-27.

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