The new sanctions of the European Union are illegal and undermine the international legal prerogatives of the UN Security Council (UNSC), the Russian Foreign Ministry said on Friday
The unprecedented sanction pressure against Russia initially sought to crumble its economy and destabilize the domestic political situation. However, over the course of the last two years, the Russian economy has proven itself to be much more resilient than the US and the EU had hoped for.
The United States on Friday issued sweeping sanctions to mark the second anniversary of Russia's invasion of Ukraine, targeting over 500 people and entities as Washington seeks to increase pressure on Moscow.
The European Commission is sticking to its position of excluding Russian agricultural products from the scope of the EU s sanctions packages, Olof Gill, a commission spokesman, said on Thursday
A senior U.S. diplomat said on Thursday the United States will impose "hundreds and hundreds and hundreds" of sanctions against Russia in a new package marking the second anniversary of its full-scale invasion of Ukraine.