EU slaps new sanctions on Russia over Ukraine war, details unclear – National
The European Union imposed extra sanctions on Russia on Thursday over the warfare in Ukraine after the bloc’s member states backed a sequence of measures that would come with gold imports and tighten export controls on some high-technology items.
European Fee Ursula von der Leyen stated that the “bolstered, extended EU sanctions towards the Kremlin” ship “a robust sign to Moscow: we’ll preserve the strain excessive for so long as it takes.”
The main points of the sanctions have been nonetheless unclear since they nonetheless should be posted within the EU’s official journal.
EU officers have been looking for all week to tighten the intensive package deal of sanctions on Russia and taking a look at methods so as to add a ban on gold exports in hopes that the measures may lastly begin to have a decisive influence on the warfare in Ukraine.
EU overseas affairs chief Josep Borrell stated Monday that in the meanwhile “an important factor is a ban on Russian gold,” which is Moscow’s second-largest export trade after vitality.
The Group of Seven main industrial nations final month already dedicated to a gold ban, arguing the Russia has used its gold to again up its foreign money to avoid the influence of a number of rounds of sanctions that nations all over the world had already imposed on Moscow for its Feb. 24 invasion of Ukraine.
On prime of the restrictive measures, the EU additionally determined to grant 500 million euros to spice up navy help to Ukraine.
