EU prepares new sanctions against Russia

EU prepares new sanctions against Russia

A new package of sanctions against Russia is expected to be prepared following an emergency overnight meeting of EU foreign ministers on Wednesday (21 September) in New York following Moscow’s recent escalation in the war against Ukraine. EURACTIV reports from New York.

EU chief diplomat Josep Borrell spoke to reporters in New York about Russian President Vladimir Putin’s speech calling for the annexation of parts of Ukrainian territory, the threat to use nuclear weapons to defend Russia and the first partial war mobilization since the Second World War. He said the announcement was proof that “panic and despair».

«It is clear that Putin is trying to destroy UkraineBorrell told reporters after an informal ministerial meeting on the sidelines of the UN General Assembly to discuss how to respond to recent developments.

In a joint statement, the EU foreign ministerscondemned in the strongest termsRussia’s recent escalation and said they “will never recognize these regions as anything other than a part of Ukraine” and that you “will continue for as long as necessary to support Ukraine’s efforts to restore its territorial integrity».

After a briefing with Ukrainian Foreign Minister Dmytro Kuleba, they decided to task their teams with preparing the next round of EU sanctions.

The new round of sanctions aims to “more relevant sectors of the Russian economy and will continue to attack those responsible for the aggressive war in Ukrainesaid Mr. Borrell on the new sectoral and individual measures.

However, he declined to give further details on the nature of the sanctions or additional EU military support, which have yet to be discussed, likely when ministers hold their next formal meeting in mid-October.

Asked by EURACTIV if he was concerned about attempts by some EU member states to ease sanctions despite the current escalation, Borrell said he thinks there will be support.”unanimouslywithin the European bloc in favor of new measures.

According to a European source, Hungary did not raise any objections during Wednesday’s talks.

In response to Moscow’s admission of the sham referendums, a new round of EU sanctions could likely include more lists of people involved in organizing and running the referenda, an EU official told EURACTIV shortly after the announcement on Tuesday (20 September). ).

The self-proclaimed, Russian-backed Luhansk People’s Republic (LPR) and its neighbor, the Donetsk People’s Republic (DPR), have said referendums will be held September 23-27. At the same time, the Kherson and Zaporizhia regions in the south of the country would also hold referendums.

The sanctions could include similar steps to those implemented before Russia’s invasion in February, namely a ban on trade, tourism and finance for annexed regions and measures against local officials.

European diplomats say the sanctions under consideration would include a cap on Russian oil prices, as proposed by the G7, but it’s not certain all member states will comply.

The United States has been pressuring the EU to make progress on the cap before the ban on Russian oil imports comes into effect in December.

Other options are analyzed, including sectoral sanctions such as dual-use technologies and a new ban on trade in luxury goods, particularly diamonds, with Russia.

Deliberations on the next package of measures could begin in the coming days, EU diplomats said.

Reference: www.euractiv.fr

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