"The Assembly also warmly welcomes the initiative by the Netherlands and others in the Council of the European Union to enact a legal instrument allowing for targeted sanctions to be applied to perpetrators of human rights violations without geographical limitations. It calls on the Council of the EU to include a reference, in the title of this instrument, to Sergei Magnitsky, whose name stands for all the brave people in numerous countries who have lost their lives fighting corruption and upholding human rights and the rule of law."