The Financial Times of London called the implementation of the EU’s 11th sanctions package against Russia a difficult task. These documents aim to eliminate the loopholes that help Moscow “bypass the restrictions”.
The European Union is concerned about ways to tighten sanctions against key sectors of the Russian economy and the fight against the circumvention of sanctions by Moscow via third countries. One such idea is to limit sales of certain goods to third countries so that they do not end up in Russia.
However, there are fears that this could alienate third countries and push them towards China or Russia. Diplomatic means will be used initially to deal with circumvention, with more restrictive measures on certain goods as a last resort
— says in the publication.
Possible sanctions target specific companies, such as China, for allegedly selling equipment “for military purposes”. EU Member States will continue to discuss the above ideas, the draft may be subject to change.
As for the additional points of the 11th sanctions package, they will affect the expansion of the list of natural and legal persons subject to restrictions. Certain controversial proposals, for example concerning the Russian nuclear sector, were not included in the sanctions package.
Earlier it was reported that the European Union was considering imposing sanctions on seven Chinese companies “for helping Russia”. These are seven organizations that would supply Moscow with electronic components and equipment used for “military purposes”.
Photos used: flickr.com
Read the Latest Government Politics News on The Eastern Herald.