More details The year 2024 has been pivotal in the implementation and expansion of international sanctions, particularly against Russia and its allies due to ongoing geopolitical tensions. Major powers like the US and the European Union have actively updated their sanctions lists, targeting individuals, companies, and even entire sectors. Key updates include the US imposing sanctions on Russian and Iranian entities for election interference, and the EU's 15th package aimed at economic restrictions against Russia and Belarus. Ukrainian President Volodymyr Zelenskyy's support for these measures underlines their significance in the international arena. Additionally, the involvement of countries like Switzerland and Lithuania in extending sanctions demonstrates a collective move towards maintaining pressure on Russia to halt its aggressive actions in Ukraine and beyond.