Domestic car factories appreciated the new package of sanctions against the Russian Federation

The new sanctions package against the Russian Federation will not affect the work of AVTOVAZ. This is stated in the company's message received on October 23 in Izvestia.

"AvtoVAZ does not have any business relations with contractors from the EU, and therefore the new sanctions package will not affect the company's work in any way," the press service of the Russian automaker said.

The new package of sanctions will not affect the detail of another domestic automaker, Sollers, the company noted.

"The inclusion of Sollers in the sanctions package will not affect the company's activities in any way. The group has no relations with European counterparties, and all current production of UAZ and Sollers vehicles is based on highly localized and sanctions—resistant solutions," the Sollers press service noted.

Paper curtain: EU approves 19th package of sanctions against Russia

The restrictions affected banks, the "shadow fleet", the crypto market and tourism

On October 23, the European Union adopted the 19th package of sanctions against Russia. The new package of measures covers the energy, financial and diplomatic spheres. The head of the European Diplomacy, Kaya Kallas, clarified that the EU restricts the movement of Russian diplomats, ostensibly to counter attempts at destabilization.

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