EU member states have agreed to a new package of sanctions on Russia, aimed largely at cracking down on loopholes that circumvent existing measures, the Belgian EU presidency announced on Thursday. “This package provides new targeted measures and maximises the impact of existing sanctions by closing loopholes,” the Belgian presidency posted on X. However, the latest salvo of sanctions was watered down to secure the agreement of all member states, after Germany pushed through measures to protect the German export-led economy, according to EU diplomats. Since the full-scale Russian invasion of U…