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The European Union agreed on Saturday to impose new sanctions on Russia over its invasion of Ukraine targeting more officials and organizations accused of supporting the war, spreading propaganda or supplying drones, as well as restricting trade on products that could be used by the armed forces. The EU's Swedish presidency said the sanctions "are directed at military and political decision-makers, companies supporting or working within the Russian military industry, and commanders in the Wagner Group. Transactions with some of Russia's largest banks are also prohibited. Asset freezes were slapped on three more Russian banks and seven Iranian entities companies, agencies, political parties or other organisations that manufacture military drones, which the EU suspects have been used by Russia during the war. The new measures, proposed by the EU's executive branch three weeks ago, were only adopted after much internal wrangling over their exact make-up, and made public one day after
Europe understands India's position in continuing with procurement of crude oil from Russia and it appreciates New Delhi's overall stand on the Ukraine conflict, Ambassador of European Union Ugo Astuto said on Thursday on the eve of the one-year anniversary of Russia's invasion of the neighbouring country. With India set to host a crucial meeting of the foreign ministers of G20 states after five days, Astuto also said it is not a "business as usual situation" and the crisis will have an impact on the proceedings of the grouping. At the same time, the envoy asserted that the European Union trusts the Indian presidency of G20 to make the proceedings productive in that respect. In an exclusive interview to PTI, the ambassador of the 27-nation European Union said the Indian voice on the conflict is an influential one and that there is appreciation in Europe of Prime Minister Narendra Modi's statement that it is not time for war. "When it comes to G20, inevitably we are not in a ...