Brussels is softening the restrictions in the next Russian sanctions package to ensure faster implementation.

Tuesday, February 6, 2024
Brussels is softening the restrictions in the next Russian sanctions package to ensure faster implementation.

The EC will not add any new import bans to the 13th package of sanctions against Russia, which is planned to be adopted by the second anniversary of the full-scale Russian invasion of Ukraine.

As Reuters writes, despite calls from some EU countries to ban more Russian goods, such as aluminum imports, the EC will propose a package that it hopes will cause minimal debate among member states, allowing for a quick adoption.

“There will be hundreds of legal entities and individuals. No high-profile names (companies),” said one of the diplomats, adding that the EC’s proposal, which may come as early as this week, will also expand the list of Russian companies to which EU firms cannot sell dual-use goods.

It is noted that after adopting the 13th package of sanctions, the EC will quickly move to produce a 14th package of restrictions, which may include some new import bans.

However, Brussels believes there are few things left on which EU countries can reach unanimous agreement. Sanctions on Russian nuclear fuel and liquefied natural gas are not being considered.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Ukraine exported record volumes during the war, and for the first time, a ship has been insured against war risks.

Ukraine exported record volumes during the war, and for the first time, a ship has been insured against war risks.

Next post
German opposition to the €5B reform of Ukraine's military support fund risks delaying the supply of arms.

German opposition to the €5B reform of Ukraine's military support fund risks delaying the supply of arms.

Previous Main Topics