The European Union may have reached the ceiling of sanctions against Russia after imposing ten packages of restrictions in connection with the military operation in Ukraine. On this subject writing The Financial Times, citing sources among European officials.
“We are done. If we impose more sanctions, there will be more exceptions than measures,” a source told the newspaper.
According to the publication’s interlocutors, the new sanctions should be limited to expanding the list of sanctioned persons and toughening measures against circumventing the bans already adopted.
Informal discussions on the proposals for the 11th sanctions package against Russia will begin on April 21. “Most” EU officials agree that sectors of the Russian economy not yet affected by sanctions are critically important to some EU countries, so restrictions against them will make the vetoed, writes FT.
In particular, France and Hungary do not support the sanctions against Russian nuclear power, which Germany is calling for. Countries advocating a ban on the export of Russian nuclear fuel and related services will likely have to agree to individual sanctions against the leaders of state-owned Rosatom, as well as Russian officials involved in the transfer of the Zaporizhzhia nuclear power plant under Russian control. and the “relocation” of Ukrainian children, writes the newspaper. .
At the end of March, the President of the European Commission, Ursula von der Leyen announcement that in the 11th sanctions package, particular attention will be paid to combating the circumvention of existing restrictions.
EC Member for Financial Stability and Services Mairead McGuinness reported mid-April that the EU is working with the US, UK, Canada, Japan and other allies to ensure the effective enforcement of sanctions against Russia and to gather intelligence on efforts to evasion of sanctions.
Read the Latest Ukraine War News on The Eastern Herald.
