Ukraine’s allies are discussing an almost complete ban on exports to Russia. According to Bloomberg, G7 officials are debating the idea ahead of the leaders’ May summit in Japan. The new approach will fundamentally change the current sanctions regime – all exports ... #ExportToRussia #G7Summit #SanctionsAgainstRussia
Several countries continue to help Russia purchase microchips for its weapons. NYT journalists noted that at the end of March, US and EU officials exchanged information about millions of dollars’ worth of prohibited technology that seeps through the cracks in their defense syste... #circumventionOfSanctions #Microchips #SanctionsAgainstRussia
The G7 is preparing sanctions targeting Russian diamonds, and India is asking for the decision to be reviewed. The G7 countries are considering the introduction of sanctions on diamonds supplied by the Russian diamond mining company Alrosa, sources told The Economic Times of India. It is not yet known in what ... #Alrosa #Russiandiamonds #SanctionsAgainstRussia
Brussels plans to discuss the 11th package of sanctions against Russia. The EU has planned the terms of discussion for the next package of Russian sanctions in connection with the aggression against Ukraine. According to three European diplomats, Brussels is planning a ne... #SanctionsAgainstRussia #UrsulavonderLeyen
A special body will monitor the implementation of EU sanctions against the Russian Federation. The European Commission is preparing to launch a project with nine member states to identify gaps in the sanctions program against Russia and improve coordination between national governments when san... #EuropeanCommission #SanctionsAgainstRussia #SanctionsImplementation
The EU supports the creation of an international mechanism for registering losses in Ukraine, limiting Russian oil prices, and strengthening sanctions. According to the EU summit results, the European Council has supported the creation of an international mechanism that will document the damage caused by Russia during the war in Ukraine. The EU also ... #EuropeanCouncil #RussianAssets #SanctionsAgainstRussia #UkraineRecovery
During the war, the EU provided has €50B in aid to Ukraine. In 2022, the EU adopted more than 200 measures to help the state and people of Ukraine and support member states in overcoming the consequences of the Russian Federation’s war against Ukraine, a... #EUaidforUkraine #SanctionsAgainstRussia #SupportUkraine
The G7 will review the EU’s proposal for a Russian oil price limit of $51.5 per barrel. In March, the Big Seven countries and the EU will review the price threshold for Russian oil set in December. According to Bloomberg, representatives of Poland, Lithuania, and Latvia propose to reduce... #RussianOilEmbargo #RussianOilPriceLimit #SanctionsAgainstRussia
The US is preparing a blow to the Russian Federation’s economy. According to Bloomberg, Treasury and Justice Department officials will focus on efforts to legally liquidate the property of Russian oligarchs, expand financial sanctions for those who facilitate sanc... #KleptoCapture #RussianEconomy #SanctionsAgainstRussia
The EU has no more options for new sanctions against Russia. Therefore, the bloc should focus on financial and military support for Ukraine, EU chief diplomat Josep Borrell said in Stockholm. Over the past year, the EU has approved ten rounds of sanctions again... #JosepBorrell #SanctionsAgainstRussia #WarinUkraine
The EU has officially approved the tenth package of sanctions. More than 120 legal entities and individuals have been sanctioned, including 96 companies that supply dual-purpose materials and equipment to the Russian military-industrial complex. Three more banks ... #EUsanctions #RussianBanksSanctions #SanctionsAgainstRussia
Britain has introduced sanctions against Rosatom and 92 individuals and legal entities. Great Britain expanded its sanction list to include representatives of Rosatom. Britain imposed sanctions against 92 individuals and legal entities in Russia, including managers of Rosatom, as well as... #Rosatom #SanctionsAgainstRussia #UKsanctions
The G7 countries have committed to increasing financial aid to Ukraine to $39B in 2023. In December, the G7 nations pledged $32B in financial support for Ukraine, and now it’s $39B, the G7 finance ministers said in a statement. This commitment gives Ukraine confidence and allows au... #financialaidforUkraine #G7supportUkraine #SanctionsAgainstRussia
The EU nations have nearly agreed on the 10th package of sanctions but are still debating one point. EU ambassadors meeting in Brussels on Thursday have almost reached an agreement on the entire 10th sanctions package against Russia, save for “one element that still needs to be clarified,” an EU dipl... #EUsanctions #SanctionsAgainstRussia
The Ukrainian Parliament has approved sanctions against all Russian financial institutions. According to the Committee on Tax and Customs Policy, Ukraine approved special sectoral economic sanctions for a period of 50 years for all banks registered and located in the Russian Federation. The... #SanctionsAgainstBanks #SanctionsAgainstRussia #UkrainianParliament
The G7 and G20 financial leaders are meeting this week. On February 23, a meeting of finance ministers and heads of central banks from the G7 countries is scheduled in the Indian city of Bengaluru. Financial leaders from the G7: the UK, Canada, France, Ger... #G20Summit #G7meeting #SanctionsAgainstRussia
Poland is deeply disappointed with the 10th package of sanctions. According to the Polish ambassador to the EU, Andrzej Sados, the decision falls below expectations. For example, the draft document has no sanctions for the forced adoption of Ukrainian children. Also... #AndrzejSados #RussianBanks #SanctionsAgainstRussia
Here is what awaits Russia on the anniversary of the invasion of Ukraine. According to the Minister of Foreign Affairs of Ukraine, Dmytro Kuleba, more sanctions and a “clear signal” will be delivered to President Vladimir Putin and the Russian Federation before ... #DmytroKuleba #SanctionsAgainstRussia #WarinUkraine
The Ministry of Finance demands Russia be cut off from access to the global economy. Ukraine’s Minister of Finance, Serhiy Marchenko, emphasized that Russia bears full responsibility for its criminal actions against the world economic system. The war against Ukraine deepens the global... #FATFwithoutRussia #SanctionsAgainstRussia #SerhiyMarchenko
Poland pushes for the tenth package of EU sanctions to be the most severe. Poland’s Deputy Foreign Minister Pawel Jablonski said the diplomatic process regarding the new sanctions package is ongoing. Poland hopes it will be as strict and harsh as possible. Previous san... #EUsanctions #PawelJablonski #SanctionsAgainstRussia
The US and its allies agreed to introduce two ceiling prices for Russian oil products. Deputy Secretary of the Treasury Wally Adeyemo met virtually with Deputy Ministers representing the global coalition of countries imposing a price cap on seaborne Russian crude oil (the Price Cap Coal... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia #WallyAdeyemo
The EU plans to approve the 10th package of sanctions against Russia, but Hungary may become an obstacle. The European Union wants to implement a new sanctions package against the Russian Federation before the Ukraine-EU summit scheduled for early February. However, Hungary may delay the process. Accordin... #Russiandiamonds #SanctionsAgainstRussia #VictorOrban
The G7 plans to establish two price limits for Russian oil products. The price cap on Russian oil products, which will come into effect on February 5 as part of the sanctions against Russia, will be twofold. One price will be set for diesel and kerosene, which are more... #RussianOilPriceLimit #RussianOilProducts #SanctionsAgainstRussia
The EU reduced the supply of Russian oil by 90%. As a result of the reduction in oil imports the Russian Federation’s profits have decreased, said Matti Maasikas, the EU ambassador to Ukraine. He recalled that after Russia’s full-scale i... #RussianOil #RussianOilPriceLimit #SanctionsAgainstRussia
The EU has approved the ninth package of sanctions against Russia. According to European Commission President Ursula von der Leyen, the most recent package focuses on technology, finance, and media. It contains sanctions against approximately 200 people and organizat... #RussianMediaSanctions #SanctionsAgainstRussia #ValdisDombrovskis
The EU has excluded the supply of Russian fertilizers from the new sanctions package. As the WSJ writes, the agreement on the ninth package of sanctions was adopted following active lobbying on the issue of alleviating food security problems for the poorest countries by UN Secretary-Ge... #AntonioGuterres #RussianFertilizers #SanctionsAgainstRussia
Canada has renewed sanctions against Russian Nord Stream. The Canadian government has renewed sanctions on turbines for Russia’s Nord Stream gas pipeline, which were lifted at the request of Germany in the summer, Canadian Foreign Affairs Minister Mela... #MélanieJoly #NordStreamSanctions #SanctionsAgainstRussia
The European Commission presents the 9th package of sanctions against Russia. The head of the European Commission, Ursula von der Leyen, presented the ninth package of sanctions against Russia, which the EU countries must approve. About 200 individuals and legal entities were a... #EUsanctions #SanctionsAgainstRussia #UrsulavonderLeyen
The EU is finalizing work on a new package of sanctions, including restrictions on the financial sector and drones. The European Commission has prepared a draft of the ninth package of sanctions against Russia that is expected to be approved on December 12 at the meeting of the heads of foreign affairs of the EU co... #EUsanctionsPackage #RussianOilSanctions #SanctionsAgainstRussia
The EU Council has recognized the circumvention of anti-Russian sanctions as a criminal offense. As explained by the EU Council, member states have different definitions of what constitutes a violation of sanctions and what punitive measures should be applied in this case. This may lead to varyin... #circumventionOfSanctions #EUsanctions #SanctionsAgainstRussia
The head of the Ukrainian government has met with the ministers of foreign affairs of the Northern Baltic states. During a meeting in Kyiv with the foreign ministers of Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden, Prime Minister Denys Shmyhal discussed the 9th sanctions package against the Ru... #DenysShmyhal #MilitaryAidforUkraine #SanctionsAgainstRussia #SWIFTsanctions
Germany is ready to give up Russian oil starting in January. Germany is prepared to support the embargo beginning January 1 and replace the Russian oil delivered to the country through the Druzhba pipeline. According to Welt, oil refineries in Schwedt and Loyna... #DruzhbaPipeline #RussianOilEmbargo #SanctionsAgainstRussia
Switzerland has joined the eighth package of EU sanctions. The Swiss Federal Council on Wednesday approved new Russian sanctions that had been adopted by the European Union as part of the eighth package. The measures under the eighth package include introduci... #SanctionsAgainstRussia #SwitzerlandSanctionsforRussia
The EU is working on the ninth package of sanctions against Russia. Poland, Latvia, Lithuania, and Estonia, which favor tougher and faster EU sanctions against the Russian Federation, are pushing other member states and the European Commission to agree on the upper l... #RussianOfficialsSanction #RussianOilPriceLimit #SanctionsAgainstRussia
The new EU sanction package will target more than 1,300 Russian people and entities. The new package of sanctions proposed on Wednesday by the European Commission will target more than 1,300 people and entities, EU foreign policy chief Josep Borrell said. “This list targets key... #EUsanctionsforRussia #JosepBorrell #SanctionsAgainstRussia
Half of the G20 countries do not support the US and European sanctions against Russia. Also, these states oppose the Russian Federation’s isolation, according to Bloomberg. It is noted that the G20, unlike the G7, does not actively support Ukraine in its fight against Russian aggr... #G20 #SanctionsAgainstRussia
The EU has agreed on the seventh package of sanctions against the Russian Federation. At a meeting on Monday, EU foreign ministers agreed on a new sanctions package against Russia, stated the Minister of Foreign Affairs of Hungary, Peter Szijártó. The new sanctions package mainly consi... #EUsanctions #EUsanctionsPackage #SanctionsAgainstRussia
New EU sanctions against Russia will include Sberbank. The new EU sanctions against the Russian Federation will consist of stricter restrictions on Russian Sberbank. In addition, the Ural Mining and Metallurgical Company will also be included in the sanct... #EUsanctions #SanctionsAgainstRussia #SberbankRussia
Only six EU countries have frozen significant amounts of Russian assets. Germany, France, Ireland, Austria, Belgium, and Luxembourg have frozen Russian assets totaling €13.9B. This is almost the entire amount of frozen Russian assets in the EU, according to a statement fro... #DidierReynders #RussianAssets #SanctionsAgainstRussia
Ukraine demands US and EU banks stop working with Russia. At least four Western banks, JPMorgan, HSBC, Citigroup, and Crédit Agricole, received letters from Ukraine demanding they cease cooperation with Russia in the oil sector. Ukraine justified its positi... #BankingWithAgressor #OlegUstenko #SanctionsAgainstRussia #StopWorkingWithRussia
The Next EU Russian sanctions package will be announced soon. According to Bloomberg, the European Union plans to propose a new package of sanctions against Russia over its war in Ukraine in the coming weeks. Earlier this month it was proposed to include restric... #EUsanctions #EUsanctionsPackage #SanctionsAgainstRussia
Ukraine needs more Russian sanctions and more weapons. Following Sunday’s missile strikes on Kyiv that targeted a residential building, the Minister for Foreign Affairs of Ukraine, Dmytro Kuleba, called on the leaders of the Group of Seven to strengthen ... #DmytroKuleba #Sanctions #SanctionsAgainstRussia #WarinUkraine #WeaponforUkraine
OPEC wants to suspend the agreement with Russia and open doors for Saudi Arabia and UAE. Some OPEC members are exploring the possibility of suspending Russia’s participation in an oil-production deal while they are under Western sanctions. At the same time, a partial European ban has beg... #OilProduction #OPEC #SanctionsAgainstRussia
EU ambassadors have again failed to agree on the sixth package of sanctions against Russia. The permanent representatives of the EU members at Monday’s meeting again were not able to reach an agreement on the sixth package of sanctions against Russia. “The meeting of EU ambassad... #EUambassadors #EUsummit #RobertaMetsola #SanctionsAgainstRussia
The EU will remove the pipeline oil ban from the sixth package of sanctions. The European Union has proposed banning marine oil imports from Russia, but has postponed an embargo on pipeline oil to overcome a sanction blockade by a few countries, reported Bloomberg. The Europea... #EuropeanCommission #EUsanctions #RussianOilEmbargo #SanctionsAgainstRussia
Russia will not be able to service its public debt in dollars. The US Treasury Department has announced that it will not renew the general license that temporarily allowed Russia to make payments to service its foreign debt in dollars while under sanctions. “The ... #RUssianDebt #RussianPublicDebt #SanctionsAgainstRussia #USTreasury
The US will likely block Russian debt payments. On Wednesday, US Treasury Secretary Janet Yellen signaled that US officials would probably end up carving out a loophole in Western sanctions that have allowed Russia to continue making payments on i... #DebttoRussianBank #JanetYellen #RussiaDefault #SanctionsAgainstRussia
The Russian energy embargo agreement is coming in the next couple of days. European Union member states are still trying to resolve some outstanding issues but most likely will agree on a sixth sanctions package against Russia in the coming days, said German Foreign Ministe... #AnnalenaBaerbock #EUenergy #RussianENergyEMbargo #SanctionsAgainstRussia
Procrastination with the adoption of the sixth package of sanctions is unacceptable. Delay with adopting the sixth sanctions package is intolerable, and all arguments against introducing the proposed oil embargo mechanism are far-fetched, stated Foreign Minister Dmytro Kuleba. All t... #DmytroKuleba #EUenergy #EUsanctions #Hungary #RussianOilEmbargo #SanctionsAgainstRussia
Russian assets in Ukraine will be transferred to the state. At today’s meeting, the Cabinet of Ministers approved a document according to which Russian assets in Ukraine will be transferred to the state, stated Prime Minister Denys Shmyhal. According to ... #RussianAssets #SanctionsAgainstRussia
