The war in Ukraine proved too costly for Russia.

Although the Russian authorities continue to pretend that everything is under their careful control and try to convince the domestic audience and the world at large that the pressure of sanctions does not significantly impact the Russian economy, the country was not prepared for a long war and international isolation.

The myth that the sanctions did not shake the Russian economy is collapsing along with the economy.

Currently, Russia is the undisputed leader in terms of the number of sanctions imposed on it.

It has already overtaken North Korea and Iran, which have been on those lists for decades.

Russias large-scale invasion of Ukraine has transformed the country into a primary target of global sanctions, as more than 40 countries have now joined sanctions against Russia.

Even states not part of the "sanctions coalition" are often reluctant to violate restrictions, fearing secondary sanctions or problems in relations with other countries.

Constant and comprehensive pressure on Russia to weaken the aggressor is in the interest of the civilized world.

The response to Russian war crimes should be a tightening of pressure when it comes to sanctions by the international community.

Previously introduced sanctions are adequate but not sufficient.

The sanctions regime is far from exhausted and requires constant updates and improvements.

Currently, the member states of the European Union are actively discussing a new twelfth package of sanctions against Russia due to its full-scale invasion of Ukraine.

One of the main topics discussed is measures that will improve the effectiveness of previous sanctions.

The ban on Russian diamonds should become the "star" of the 12th package of sanctions against Russia.

The new package of sanctions could be more painful for Russia, as diamonds are one of its main exports.

Russia is the worlds largest producer of diamonds.

The trade-in precious stones is an important industry and a significant source of income for Russia.

Izvor: Getty Images Free Stock

According to various estimates, the export of diamonds brings the Kremlin about four and a half billion dollars a year.

Therefore, the imposition of sanctions against the trade in Russian diamonds is intended to deprive Russia of an essential source of income to finance the war.

"We are in the process of preparing the 12th package of sanctions." In particular, we are looking for ways to reduce the remaining income Russia receives from exporting diamonds to Europe," said European Commission President Ursula von der Leyen in Brussels.

Attempts to thwart the supply of Russian diamonds are complicated by Moscows ability to circumvent sanctions.

About a third of the worlds diamond supply, estimated to be worth around four and a half billion euros, comes from Siberian quarries.

Other potential targets of the new restrictions could be Russian nuclear technologies, the mining industry, and the IT sector.

The new measures will address various issues related to the weakening of Russias energy and technology sectors.

Poland and the Baltic countries presented detailed proposals on this issue.

Poland proposes a ban on new transactions with Rosatom, the purchase of Russian uranium, liquefied gas, and steel, and blocking the provision of IT services to Russian companies.

Estonia, in general, is seeking a full trade embargo against Russia.

A presentation of ways to profit from frozen Russian assets intended to support Ukraine is also expected.

The twelfth package will likely include further steps to close loopholes Russia uses to circumvent sanctions.

In addition, the EU will expand the list of goods prohibited for import into Russia, which could be used for military purposes.

The new package of sanctions should limit Russias ability to import components for missiles and drones through third countries.

Anti-Russian sanctions are multifaceted and have far-reaching potential consequences.

Further steps towards new sanctions must be taken decisively and comprehensively to ensure maximum impact and prevent sanctions evasion.

The main goal is to leave the aggressor without the means to continue the war.

All this will help Ukraine win as soon as possible, especially with the active support of the international community, to speed up the wars end and restore peace in Europe.