The European Commission has presented proposals for the 21st package of sanctions against Russia, which may affect the energy sector, financial services, cryptocurrency trading, and — for the first time — the fishing industry. This was announced by the President of the European Commission, Ursula von der Leyen, on the social media platform X.

“Today, we are proposing the 21st sanctions package. We are focusing on the sectors with the greatest impact: energy, financial services, and cryptocurrency trading, and this time we will also include the fishing industry for the first time,” she said.

The European Commission will introduce new export bans against Russia on metals, alloys, and drone components.

According to von der Leyen, the European Commission is also proposing to ban entry into the EU for all individuals who have served in the Russian Armed Forces after the beginning of the military operation in Ukraine.

In addition, the EU intends to expand restrictions on Russia’s financial sector. According to Reuters, citing diplomatic sources, another 90 Russian banks and 11 crypto platforms from Russia and third countries could face sanctions.

Another 170 Russian individuals and legal entities may also be sanctioned. Furthermore, the EU proposes limiting transactions with 31 Russian banks, according to the EU’s foreign policy chief, Kaja Kallas, on X.

She also stated that the new package includes export control measures against 50 companies located in China, Turkey, Kyrgyzstan, Kazakhstan, the UAE, and India.

Other proposals include banning the sale of tankers for transporting liquefied natural gas (LNG) to Russia, as well as restrictions on transactions with two Russian ports and four airports.

On June 2, Politico reported that the EU intends to set a price cap on Russian oil as part of preparations for the 21st sanctions package. A complete ban on Russian oil is considered unlikely, as is a proposed ban on maritime transportation.

During the plenary session of the St. Petersburg International Economic Forum on June 5, Russian President Vladimir Putin commented on the “results” of Western sanctions. According to him, the West froze $300 billion, while Russia now has over $500 billion. He emphasized that sanctions hurt those imposing them more.

On February 6, the EU adopted its 20th package of sanctions against Russia. The main element of that package was a ban on servicing the transportation of Russian oil. At that time, 43 tankers were added to the sanctions list, restrictions were imposed on purchasing new tankers, and bans were introduced on technical maintenance and other services for gas tankers and icebreakers.