The Impact of the EU’s 16th Sanctions Package on the Aviation Industry
On the 24th February 2025, the European Council introduced the 16th set of restrictive measures against Russia through Council Regulation 2025/495 (the “Regulation”), marking another step in the EU’s ongoing efforts to exert economic pressure on Russia and limit its capacity to finance the war in Ukraine. The latest sanctions package imposes stricter measures targeting key sectors of Russia’s economy, such as trade, energy, transport, and infrastructure. Background The EU has progressively imposed various restrictive measures against Russia since March 2014, initially in response to the illegal annexation of Crimea and Sevastopol, as well as the deliberate destabilisation of Ukraine.…
Joshua Chircop and Martina Azzopardi11th March 2025