December 10, 2023 3:14 pm

Dutch companies penalized for violating sanctions in Russia — RT Business News

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Four companies and eight individuals in the Netherlands have been fined for violating EU sanctions on Russia between 2014 and 2017, according to a report by Reuters on Friday. These entities were accused by the Dutch prosecutor’s office of assisting Moscow in the construction of the Crimean Bridge.

The eight individuals received sentences of community service, ranging from 20 to 60 hours, while the companies collectively paid fines amounting to €160,000 ($169,000). Additionally, one of the firms had its “illegal” profits, which exceeded €71,000, confiscated by the state. The identities of these companies were not disclosed.

The allegations against these Dutch entities revolve around the supply of machines, machine parts, and various other services used in the construction of the Crimean Bridge. This bridge, which spans 19km, establishes a road and rail transport link between the Crimean Peninsula and mainland Russia.

The context of these sanctions lies in the annexation of Crimea by Russia in 2014. Following Crimea’s refusal to support the overthrow of Ukraine’s elected government in Kiev, a referendum was held in Crimea, resulting in its integration into the Russian Federation. However, the EU, along with the US and other countries, deemed this annexation as illegal and has consequently implemented a series of economic sanctions against Russia since then.

The implementation of these sanctions has been a consistent point of contention between Russia and the Western countries imposing them. Russia has repeatedly criticized the sanctions, considering them unjust and claiming that they are based on unfounded allegations. The latest fines imposed on these Dutch companies and individuals underscore the commitment of the EU to maintain pressure on Moscow in response to its actions regarding Crimea.

It is worth noting that the Crimean Bridge project has been regarded as a symbol of Russia’s integration of Crimea into its infrastructure. The bridge enables easier transportation of people, goods, and services between Crimea and mainland Russia. However, it has been met with criticism and condemnation from Ukraine, which considers Crimea as its territory and views the bridge as symbolic of Russia’s occupation.

The Dutch case serves as another example of the ongoing efforts by the EU to enforce its sanctions on Russia. These sanctions encompass several sectors, including finance, energy, defense, and technology, and have had a significant impact on Russia’s economy. The fines levied against the Dutch entities demonstrate the European Union’s determination to hold accountable those who violate its sanctions regime.

In conclusion, the recent fines imposed on four Dutch companies and eight individuals for their involvement in the construction of the Crimean Bridge highlight the EU’s continued commitment to counter Russia’s actions in Crimea. These fines and associated sentences serve as a reminder that violating EU sanctions on Russia will not go unnoticed or unpunished.

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Original Source: Dutch companies penalized for violating sanctions in Russia — RT Business News

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