EU Adopts own Magnitsky Act Based Framework

EU foreign ministers have approved a new mechanism based on the US Magnitsky Act that would allow them to impose sanctions on individuals and organizations responsible for human rights abuses Worldwide.

EU foreign ministers have approved a new mechanism based on the US Magnitsky Act that would allow them to impose sanctions on individuals and organizations responsible for human rights abuses Worldwide.

The Magnitsky Act was originally named for investor and activist Bill Browder’s late attorney Sergei Magnitsky, who died in custody at a Russian jail after uncovering a massive fraud scheme that included top-ranking politicians.

The EU Magnitsky Act will allow 27 EU member states to impose travel bans on involved individuals and entities found guilty of human rights abuses and the freezing of their funds.

The sanctions could be imposed against human rights violators such as those guilty of genocide, crimes against humanity, extrajudicial killings, and arbitrary arrests.

“The EU’s new authorities will promote accountability for human rights abuse and complement the efforts of the US, UK, and Canada, further enabling us to act together,” said US Secretary of State Mike Pompeo.

The first list of sanctions could reportedly be adopted as early as the first quarter of 2021 and could possibly include Turkey which EU member states have recently slammed for their actions in the  East Mediterranean and Northern Cyprus.


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