Preamble

THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Article 215 thereof, Having regard to Council Decision 2014/145/CFSP of 17 March 2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (1), Having regard to the joint proposal from the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission, Whereas: (1) Council Regulation (EU) No 269/2014 (2) gives effect to restrictive measures provided for in Decision 2014/145/CFSP. (2) On 15 June 2026, the Council adopted Decision (CFSP) 2026/1333 (3), amending Decision 2014/145/CFSP. (3) In order to ensure the diversification of supply chains for Union operators, Decision (CFSP) 2026/1333 introduces new temporary derogations from the asset freeze and the prohibition on making funds or economic resources available to a designated entity, allowing for the wind-down of operations, contracts and other agreements concluded with that entity and for industry purchases of critical components manufactured by that entity. Operators are expected to adopt and implement appropriate diversification plans prior to the expiry of that derogation, with a view to enabling a transition towards alternative sources of supply. (4) These measures fall within the scope of the Treaty on the Functioning of the European Union and therefore, in particular with a view to ensuring their uniform application in all Member States, regulatory action at the level of the Union is necessary. (5) Regulation (EU) No 269/2014 should therefore be amended accordingly, HAS ADOPTED THIS REGULATION:

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.