Russia-Ukraine war, eighth package of EU sanctions against Moscow
There European Commission proposed today a new sanctions package economic against the Russia following the referendum farce for the annexation of the occupied territories, in the Lugansk “oblasts”, Donetsk, Kherson And Zaporizhzhia. They announced it, with a press statement this afternoon a Brusselsthe President of the Commission, Ursula von der Leyenand the High Representative for the EU Common Foreign and Security Policy, Josep Borrell. “We will not accept farce referendums and any kind of annexation of Ukrainian territories”, said von der Leyen, presenting the new sanctions against the “illegal attempt” by the Russia “to grab the territories of Ukraine”.
In addition to new “black lists” targeting individuals and entities involved in the illegal occupation and annexation of the four Ukrainian “oblasts” where the farce referendums took place, in the new mobilization of 300,000 Russian soldiers, in the decisions of the ministry of Defense and in the supply of weapons and equipment to the Russian army, the package includes “a new ban on the import of Russian products worth 7 billion euros” and an export ban fromEU towards the Russia of key products and technologies relating to the military, aviation and electronics, plus some specific chemicals, von der Leyen explained.
Moreover, added the president of the Commission, “it will be forbidden to citizens EU sit on the boards of directors of Russian public companies “, and, with an agreement reached at the G7, a ceiling on the price of Russian crude oil which is exported to third countries, in addition to ban on imports into the EU of Russian crude transported by sea, which has already been decided and which will come into effect on 5 December. Finally, “black lists” will be drawn up with sanctions against individuals and entities, of any nationality, and not necessarily Russians, responsible for circumventing the sanctions EUfor example through triangulations to get in Russia through third countries of the products purchased inEU for which export is prohibited.
EU, Gentiloni: “Moscow has lost 500 companies and 125,000 jobs”
“Sanctions are steadily devouring the Russian economy, which is set to shrink significantly this year and next. The Russian Federal Labor Service said 3,000 brands have suspended business since the invasion, with 500 foreign companies taking over. were liquidated by the end of July at the cost of 125,000 jobs “. This was stated by the European Commissioner for Economy, Paolo Gentiloniin his speech at the Frankfurt Forum of the Atlantic Council.
“Imports of the Russia fromEU they decreased by about 50% in the period from March to June, compared to the same period last year. Russian imports of computer equipment have plummeted, despite its legalization of parallel imports. Blocked access to Western software updates, essential spare parts and semiconductors is having a devastating effect on the industry, “he added.” Many of the few cars manufactured today in Russia – the data for the summer indicated a drop in sales of more than 70% compared to the same period last year due to the collapse of production – they are without airbags, ABS and catalytic converters “, highlighted the former premier.” The share of the Russia in gas imports fromEU it has fallen by two thirds, from 45% before the war to 14% today. And its share of gas imports from our pipelines fell by three quarters, from 40% to 9%. The agreements we have made with the United States and other partners to increase energy imports have offset the cuts in Russian fossil fuels “, he clarified. Gentiloni.
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