Two EU members continue to block the new package of Russian sanctions. On June 7, EU ambassadors failed to reach a political agreement on introducing the 11th package of sanctions against the Russian Federation; negotiations will continue next week, reported Politico. It... #circumventionOfSanctions #SanctionsAgainstRussia
Ukraine demands a further reduction in the Russian oil price ceiling. According to the Ministry of Economy, last year Russia’s oil and gas exports amounted to $349B, and this year it will receive about $173B following the implementation of the embargo and price ce... #RussianOil #RussianOilEmbargo #RussianOilPriceLimit #SanctionsAgainstRussia
The new package of EU sanctions will affect 90 companies worldwide, and the G7 has targeted Russian diamonds. The sanctioned companies are ones that help the Russian Federation to circumvent sanctions, said the President of the European Commission, Ursula von der Leyen. Among these 90 companies, approximately... #circumventionOfSanctions #Russiandiamonds #SanctionsAgainstRussia #UrsulavonderLeyen
The G7 countries have introduced new sanctions against Russia. On May 19, the US announced a new large-scale package of sanctions, which includes more than 300 companies, individuals, ships, and aircraft. The purpose of these restrictions is to make it impossible... #circumventionOfSanctions #G7 #SanctionsAgainstRussia
The EU will ease sanctions to help European companies leave the Russian market. EU countries fear their companies will have to pay taxes introduced by the Russian government to finance the war. Therefore, the 11th package of sanctions against Russia will include special permits f... #EUsanctionsPackage #ForeignCompaniesInRussia #RussianMarket #SanctionsAgainstRussia
Borrell insists on blocking the import of Indian fuel produced from Russian oil. In an interview with the FT, the EU High Representative for Foreign Policy, Josep Borrell, called such supplies circumventing sanctions, and the EU member states should take measures. Last year India ... #circumventionOfSanctions #IndianFuel #JosepBorrell #RussianOil #SanctionsAgainstRussia
The G7 and the EU will not resume importation of Russian gas supplies to Europe. The Group of Seven (G7) countries and the EU plan to ban the import of Russian gas along routes where Moscow has previously cut supplies, reported Bloomberg. This decision will prevent the resumption ... #DruzhbaPipeline #Gazprom #RussianGas #RussianGasTransit #SanctionsAgainstRussia
The G7 finance ministers have announced $44B in increased support for Ukraine and new sanctions against Russia. It is noted that similar support from the Big Seven allowed approval of the IMF’s four-year program for Ukraine, enabling Ukrainian authorities to ensure the government’s function, continue to ... #G7Summit #IMFprogramm #ReformsinUkraine #SanctionsAgainstRussia
The European Commission has legal grounds to use the assets of the Russian Federation for the reconstruction of Ukraine. According to spokesperson Christian Wiegand, the European Commission has confirmed that it has developed legally acceptable options for the use of Russian assets, both private and state, for Ukraine’s... #ChristianWiegand #RussianAssets #RussianCentralBank #SanctionsAgainstRussia #UkraineReconstruction
Washington and Kyiv emphasize strengthening sanctions due to Russia’s ability to circumvent them. In Japan during a meeting with finance ministers and heads of central banks from the G7 countries, US Treasury Secretary Janet Yellen tried to convince the allies to help strengthen sanctions against ... #G7Summit #JanetYellen #SanctionsAgainstRussia #SerhiyMarchenko
Ursula von der Leyen met with Volodymyr Zelenskyy in Kyiv to discuss new sanctions against the Russian Federation. According to the head of the European Commission, the EU will limit technology export to Russia through other countries. The European Commission also does not rule out sanctions against third countrie... #circumventionOfSanctions #ExportToRussia #OlafScholz #SanctionsAgainstRussia #UrsulavonderLeyen #Zelenskyy
The G7 is preparing a strike against the Russian Federation’s shadow fleet. According to the FT, the G7 countries want to solve the issue of manipulation of tanker transponders that are turned off while at sea or do not transmit data about their destination ports. Using these... #G7 #RussianOil #RussianOilEmbargo #SanctionsAgainstRussia #ShadowFleetRussia
The European Commission has proposed a new package of sanctions that will be difficult to implement. On May 5, the European Commission sent proposals to EU member states regarding the 11th package of sanctions against Russia, European Commission spokesman Eric Mamer said. The new package will focus o... #EricMamer #ExportToRussia #SanctionsAgainstRussia
Despite the sanctions, Russia successfully trades its gold, but the EU is preparing to tighten restrictions. Although gold has been sanctioned by the EU and the Big Seven, little-known intermediary companies are finding new buyers in other countries. And now, instead of bulk deliveries to London for storage ... #circumventionOfSanctions #Russiangold #SanctionsAgainstRussia
Britain officials want an Economic Rammstein to hurt Putin’s war machine. Alicia Kearns, a member of the Parliament of Great Britain from the Conservative Party, points to data published by the chief economist of the Institute of International Finance, Robin Brooks, which i... #AliciaKearns #EconomicRammstein #RussianEconomy #SanctionsAgainstRussia
The G7 countries are discussing a nearly complete embargo on exports to the Russian Federation. A relevant decision can be arrived at during the G7 leaders summit in May in Hiroshima, reported Kyodo. There, discussions will take place regarding measures to expand support for Ukraine and increase... #ExportToRussia #G7Summit #SanctionsAgainstRussia
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
