EU envoys agreed a 16th package of sanctions on Russia on Wednesday for its full-scale invasion of Ukraine. The package is expected to be adopted by the bloc's foreign ministers on Monday to mark the third anniversary of the war.

The European Union has agreed on a 16th package of sanctions against Russia, targeting banks, oil, aluminium imports, and manufacturing capabilities, marking the third anniversary of the Ukraine war.

European Union envoys have approved new sanctions against Russia, with the measures set to enter into force next week on the third anniversary of its full-scale invasion of Ukraine