The Council of the European Union, in response to the appeal of the European Parliament, decided to start work on creating an EU-wide mechanism to impose targeted sanctions on those who commit serious human rights violations.
The system is to include public and private entities that have physically or financially contributed to human rights abuses and crimes around the world. The envisaged sanctions include the freezing of the institution’s assets or the refusal to grant visas to persons responsible for gross human rights violations. The ministers of foreign affairs of the European Union member states declare that the regulation will be modeled on the so-called American Congress adopted in 2012. “Magnitski Act”, which prohibits people suspected of linking with the beating and death of a Russian lawyer, auditor of Hermitage Capital Management, who died at the age of 37 in Matrosskaja Tishin prison in Moscow.