The EU will continue to pressure the Kremlin
Economy
The European Union has agreed on a new package of sanctions against Russia, which includes banning the import of primary aluminum, blocking 73 Russian tankers, and disconnecting 13 banks from SWIFT. The decision was made against the backdrop of Donald Trump's attempts to initiate talks on Ukraine, which is causing concern in Brussels.
The European Union has approved the 16th package of sanctions against Russia, marking the third anniversary of the start of hostilities in Ukraine. The new measures include the expansion of trade and financial restrictions, despite the initiative of US President Donald Trump, which allows for the possibility of easing the sanctions regime during future negotiations.
According to European Commission President Ursula von der Leyen, the EU "will continue to pressure the Kremlin" and is not going to weaken its position.
Key measures of the new package:
Prohibition on the import of Russian aluminum - The EU refused to supply primary metal, despite possible economic consequences.
Blocking the "shadow fleet" - 73 tankers involved in circumventing oil trade sanctions have been blacklisted. Their owners and captains can now also be subject to restrictions.
Bank disconnection - 13 Russian financial institutions are deprived of access to the SWIFT system.
The ban on Russian media - the licenses of eight publications have been suspended due to accusations of misinformation.
Political pressure in the EU has intensified following reports about the activities of the "shadow fleet," which is used to circumvent Western sanctions. Brussels is also concerned about recent incidents in the Baltic Sea that Russian intelligence agencies suspect.
The official approval of the sanctions package is expected on Monday at a meeting of EU foreign ministers in Brussels. However, against the backdrop of negotiation signals from Washington, the question of how much the West's approach to sanctions policy will remain unified in the near future remains open.
According to European Commission President Ursula von der Leyen, the EU "will continue to pressure the Kremlin" and is not going to weaken its position.
Key measures of the new package:
Prohibition on the import of Russian aluminum - The EU refused to supply primary metal, despite possible economic consequences.
Blocking the "shadow fleet" - 73 tankers involved in circumventing oil trade sanctions have been blacklisted. Their owners and captains can now also be subject to restrictions.
Bank disconnection - 13 Russian financial institutions are deprived of access to the SWIFT system.
The ban on Russian media - the licenses of eight publications have been suspended due to accusations of misinformation.
Political pressure in the EU has intensified following reports about the activities of the "shadow fleet," which is used to circumvent Western sanctions. Brussels is also concerned about recent incidents in the Baltic Sea that Russian intelligence agencies suspect.
The official approval of the sanctions package is expected on Monday at a meeting of EU foreign ministers in Brussels. However, against the backdrop of negotiation signals from Washington, the question of how much the West's approach to sanctions policy will remain unified in the near future remains open.
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