The next EU sanctions are related to the invasion of. – The three waves of sanctions that we have adopted, as well as the extension of their scope this week, have hit the Russian economy very hard – said the head of the European Commission on Friday.
“Tomorrow we will adopt a fourth package of measures to isolate Russia further and exhaust the resources it is using to finance this barbaric war,” she stressed.
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The European Union will hit Russia with more sanctions. “This crisis is unprecedented”
What will the sanctions consist of? – We will refuse Russia the status of a privileged state in our markets. This will take away the important benefits Russia enjoys as a member of the World Trade Organization, explained Ursula von der Leyen.
She said that the EU would also work to suspend Russia’s membership rights in major financial institutions, including the International Monetary Fund and the World Bank. – We will make sure that Russia cannot obtain financing, loans or any other benefits from these institutions – she added.
The EU will put pressure on the Russian elites linked to Putin, as well as their families and helpers. – We are making sure that the Russian state and its elite cannot use cryptographic assets to circumvent sanctions. We will stop a group close to Putin and the architects of his war from using these assets to grow and transfer their wealth – emphasized the head of the European Commission.
The EU will also ban the export of luxury goods to Russia, as well as the import of key goods in the iron and steel sector. – This will hit the central sector of the Russian system, deprive it of billions of export revenues and prevent our citizens from subsidizing Putin’s war – explained the head of the European Commission.
But it is not everything. – We will propose a big ban on new European investments in the Russian energy sector, because we should not strengthen the energy dependence that we want to leave behind, said Ursula von der Leyen. The ban will apply to all investments, technology transfers and financial services related to energy exploration and production.
– This crisis is unprecedented. This is also the unity and speed of reaction that our democracies have shown so far. You have heard me say it and I repeat it emphatically: Ukraine will win – summed up the head of the European Commission.
The US also announced sanctions against Russia. “Free world unites to face Putin”
US President Joe Biden also announced sanctions against Russia on Friday. He announced, inter alia, suspension of trade relations and a ban on the import of alcohol, diamonds and seafood.
– Free world unites to face. I am ready to sign a law that reverses normal trade relations with Russia. We make a decision to ban the import of, inter alia, vodka and diamonds – explained the US president. “Putin is the only aggressor in this situation and he has to pay for it,” he added.
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The Russian war against Ukraine continues. There is information about houses destroyed, wounded and killed. Needs are increasing hour by hour. That is why Gazeta.pl joins forces with the Polish Center for International Aid (PCPM) Foundation to support humanitarian aid for Ukrainians and Ukrainians. Anyone can join the fundraiser by making a deposit through or on the website. More information in the article:
Source: Gazeta
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