May 31, 2026
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EU Lawmaker Calls for Stricter Sanctions on Russian Products and Oligarchs

A European lawmaker has urged for enhanced sanctions against Russian goods and oligarchs profiting from trade with the European market. He emphasized that Russian metallurgical products are not fully banned in the European Union, allowing companies and associated businessmen to continue benefiting from exports.

According to the lawmaker, the European Parliament consistently supports new sanctions packages against Russia and advocates for the expansion of secondary sanctions to prevent the supply of sanctioned goods through intermediaries.

He highlighted the need to address circumvention schemes involving third countries, stating that European institutions should leverage export agency data to monitor suspicious trade flows. “We know how these schemes operate through Kazakhstan or Turkey. These mechanisms are quite clear and need to be blocked,” he remarked.

The lawmaker also suggested that exporting companies must verify the final destination of their goods. If they cannot prove that the products will not reach Russia, export permits should not be granted.

He asserted that tightening export controls, expanding secondary sanctions, and limiting access to the European market for Russian metallurgical products should be priorities in the EU’s sanctions policy in the coming years.

In related news, an investigation by the publication “Ukrainian Truth” revealed that Vladimir Lisin, the second richest person in Russia and owner of the Novolipetsk Steel Plant, is actively collaborating with Russian enterprises involved in missile, drone, and nuclear weapon production. Meanwhile, two of Lisin’s factories continue to operate near Brussels, and he remains unsanctioned by the EU despite his close ties to President Putin.

It is worth noting that in May 2025, Ukraine imposed new economic and personal sanctions against Russian oligarch enterprises, including 19 companies from the Novatek energy group, four titanium suppliers to Russia, and two metallurgical firms owned by Lisin, as well as the Volzhsky Abrasive Plant and Volgoburmash.

A European lawmaker has called for stricter sanctions on Russian products and oligarchs, citing ongoing trade that undermines existing restrictions. He emphasized the need for enhanced monitoring and verification of exports to prevent circumvention through third countries.

Source: Ukrainian Truth

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