Faroe Islands Implements New Sanctions Against Russian Entities
On December 30, 2025, the Government of the Faroe Islands announced the implementation of new restrictive measures targeting specific Russian entities, effective January 1, 2026. These measures align with the European Union's Council Decision and Regulation 2024/2643, adopted on October 8, 2024, and its subsequent amendments.
Scope of the Sanctions
The sanctions are directed at natural and legal persons, entities, and bodies involved in activities aimed at destabilizing EU member states, third countries, or international organizations. Such activities include cyber attacks, obstruction or undermining of democratic political processes, surveillance, and sabotage of critical infrastructure, collectively referred to as "hybrid threats."
Impact on Russian Fishing Companies
Among the entities affected by these updated measures are two Russian companies whose vessels have been operating in the Faroese Fishery Zone under a bilateral fisheries agreement between the Faroe Islands and Russia. Vessels owned by these sanctioned companies will no longer be permitted to obtain fishing licenses to conduct fisheries in the Faroese Fisheries Zone or to enter ports in the Faroe Islands.
Addressing the "Shadow Fleet"
Additionally, the Faroe Islands have expanded the list of vessels identified as part of the so-called "shadow fleet." This fleet is believed to be involved in circumventing the Russian oil and gas price cap mechanism. The updated sanctions aim to prevent such circumvention by imposing restrictions on these vessels.
Legal Framework
The executive order detailing these restrictive measures was set to enter into force on January 1, 2026. This order outlines the specific entities and activities subject to sanctions and provides the legal basis for their enforcement within the jurisdiction of the Faroe Islands.
Implications and Reactions
The implementation of these sanctions signifies the Faroe Islands' commitment to international efforts in maintaining stability and security. By aligning with EU measures, the Faroe Islands demonstrate solidarity with broader European policies aimed at countering hybrid threats. The affected Russian companies and the Russian government have yet to publicly respond to these new sanctions. However, the measures are expected to have significant implications for the fishing industry and diplomatic relations between the Faroe Islands and Russia.
For more detailed information, the official announcement can be accessed on the Government of the Faroe Islands' website.