The European Union approves new sanctions against Russia and Belarus for the invasion of Ukraine

The European Union approves new sanctions against Russia and Belarus for the invasion of Ukraine

The European Union approved this Monday a new sanctions package against Russia and Belarus for the invasion of Ukraine. These include more business and financial restrictions and add more people to the individual sanctions list.

The French Presidency of the Council of the EU announced via Twitter the “approval of a fourth package of sanctions in consultation with our international partners”, in reference to the new measures that the community club has coordinated with the G7the group of most industrialized countries in the world.

The measures will come into force in the next few hours, once they have been published in the Official Gazette of the EU and, according to diplomatic sources cited by the Efe agency, among those sanctioned is Roman Abramovichowner of Chelsea, whom the Premier League has removed from office.

In addition, the EU is also going to present a declaration to the World Trade Organization (WTO) with its intention to suspend the most favored nation clause to Russia in its markets and the request of Belarus to join the institution.

The President of the European Commission, Ursula von der Leyen, already announced last Friday that the EU will also collaborate with its international partners to suspend Moscow from International Monetary Fund (IMF) and the World Bank. In addition, it will be vetoed import of key goods in the iron and steel sector from Russia and new European investments in the Russian energy sectoras well as the export of any luxury item from the EU to Russia.

In addition, the Twenty-seven will take measures to prevent the Russian state and the country’s elites from using crypto assets to evade sanctions, which, while waiting to know all the details of the new measures, already affected more than 800 people, including the Russian president himself, Vladimir Putin; to his foreign minister, Sergei Lavrov, and to the military leadership of the Kremlin.

Since the beginning of the invasion, on February 24, the EU countries have also frozen the assets of the central banks of Russia and Belarus and have expelled seven Russian and three Belarusian entities from the international communication system. SWIFT.

Source: Lasexta

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