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EU's embargo on Russian coal to start in August.

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The fifth package of the EU sanctions also includes a ban on Russian vessels with the exception for agricultural and food products, humanitarian aid, and energy; a ban on Russian and Belarusian road transport with a number of exceptions; further export and import bans. The EU will also sanction companies whose products or technology have played a role in Russia's war, key oligarchs and businesspeople, high-ranking Kremlin officials, proponents of disinformation, and family members of already sanctioned individuals.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

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"The threat posed by Russia and possible provocations against NATO must be taken seriously, and that is precisely what the allies are doing," Estonia's Foreign Minister Margus Tsahkna told the Kyiv Independent. "We must remain vigilant, but Estonia's threat assessment has not changed."

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