The European Court of Auditors (ECA) will publish a special report on November 10 examining the European Union’s trade sanctions against Russia, imposed following the launch of Russia’s full-scale invasion of Ukraine.
As part of the assessment, auditors have examined how the sanctions are being implemented, Russia’s efforts to circumvent them, and the weaknesses and loopholes that allow the restrictive measures to be evaded.
Since February 2022, the European Union has adopted 21 packages of sanctions against Russia, aiming to limit its capacity to wage war in Ukraine, particularly by restricting access to equipment and technology essential to its defence industry.
The report will assess the European Commission’s role in coordinating and overseeing the implementation of sanctions, identifying shortcomings and evaluating their overall impact.
The report and accompanying press release will be published on the European Court of Auditors’ official website on November 10 at 5 p.m.
