The European Union is proposing to impose sanctions on about 55 companies and more than 60 individuals as part of a new package of measures to mark the second anniversary of Russia's invasion of Ukraine. This was reported by Bloomberg.


According to preliminary documents, the restrictions will target certain individuals and companies involved in the production of weapons and the supply of key technologies and electronics used by Russian military firms to create weapons.


The proposals, which require the support of all member states, also target shipping companies that provide transportation and logistics for the transportation of munitions from North Korea to Russia. North Korea has provided Russia with hundreds of thousands of artillery shells.


The sanctions package, which will be the 13th since the invasion, is expected to be limited in scope. A group of member states is calling for more ambitious and new economic sanctions to be added.


The current proposals also include several military and other officials, politicians, including Alexei Dyumin, a former bodyguard to Russian President Vladimir Putin and current governor of the Tula region, as well as company directors. The lists are subject to change pending agreement by member states.