Judgment — ECLI:EU:T:2026:2
Date: 2026-01-14
Language of the case: English
Court formation: First Chamber
Procedure: Action for annulment

Judgment of the General Court of 14 January 2026 – Euro Asia Cargo v Council (Case T-232/24) 1 (Common foreign and security policy – Restrictive measures adopted in view of Russia’s actions destabilising the situation in Ukraine – Prohibitions relating to dual-use goods and technology – Lists of persons, entities and bodies subject to the prohibitions – Inclusion and maintenance of the applicant’s name on the lists – Annex IV to Decision (CFSP) 2014/512 and Annex IV to Regulation (EU) No 833/2014 – Right to be heard – Obligation to state reasons – Error of assessment – Freedom to conduct a business) Language of the case: English Parties Applicant: Euro Asia Cargo Private Ltd (Colombo, Sri Lanka) (represented by: F. Wolf and T. Ackermann, lawyers) Defendant: Council of the European Union (represented by: P. Pecheux and E. Nadbath, acting as Agents) Interveners in support of the defendant: French Republic (represented by: B. Travard and P. Boccanfuso, acting as Agents), European Commission (represented by: M. Carpus-Carcea and L. Puccio, acting as Agents) Re: By its action under Article 263 TFEU, the applicant seeks annulment of the following acts in so far as they concern it: Council Decision (CFSP) 2024/746 of 23 February 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2024/746) and Council Regulation (EU) 2024/745 of 23 February 2024 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2024/745); Council Decision (CFSP) 2024/1744 of 24 June 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2024/1744) and Council Regulation (EU) 2024/1745 of 24 June 2024 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2024/1745); Council Decision (CFSP) 2024/2026 of 22 July 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2024/2026); Council Decision (CFSP) 2025/175 of 27 January 2025 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/175); Council Decision (CFSP) 2025/394 of 24 February 2025 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/394) and Council Regulation (EU) 2025/395 of 24 February 2025 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/395); Council Decision (CFSP) 2025/931 of 20 May 2025 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/931) and Council Regulation (EU) 2025/932 of 20 May 2025 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L, 2025/932). Operative part of the judgment The Court: Dismisses the action; Orders Euro Asia Cargo Private Ltd to bear its own costs and to pay those incurred by the Council of the European Union; Orders the French Republic and the European Commission each to bear its own costs. ____________ 1 OJ C, C/2024/3788, 24.6.2024.