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EU Imposes Sanctions Against Russia

May 6, 2024
EU Imposes Sanctions Against Russia

EU Imposes Sanctions Against Russia

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The European Commission has submitted the 14th package of sanctions against Russia for consideration by the European Union member states.

According to Polskie Radio, the measures in the 14th package will primarily affect the import of liquefied natural gas (LNG) from Russia.

The EU does not plan to impose a complete ban on importing Russian LNG. However, Brussels is considering the possibility of imposing sanctions on two LNG projects in the Arctic and Murmansk. The European Commission also plans to restrict ships transporting Russian oil.

Brussels decided not to introduce restrictive measures against imports of Russian aluminum in the sanctions package. Nevertheless, the European Commission proposes banning helium imports from Russia.

Additionally, the European Commission suggests imposing a ban on the sale of Ukrainian artwork in EU countries if there are doubts about its origin.

As for potential restrictions on exports from the EU to Russia, the measures may extend to manganese, mining equipment, screens, and other electronics.

Reuters reported at the end of last April that the European Commission is considering imposing sanctions on North Korean ships allegedly supplying Russia with military goods.

According to an EU document obtained by the agency, the sanctions list may include 40 companies from Kyrgyzstan, China, the United Arab Emirates, Turkey, and other countries alleged to have supplied Russia with electronics, semiconductors, and chips for military purposes, as well as Russian companies that purchased these goods.

European diplomats have indicated that a new set of restrictive measures will be taken to address attempts to circumvent previous sanctions imposed on Russia.

Vice-President of the European Commission, Valdis Dombrovskis, previously stated that the EU is facing difficulties in negotiating the 14th package against Russia.

It is likely that the sanctions will not include new restrictions but will instead focus on countering Russian efforts to circumvent sanctions.

The European Commission began developing the 14th package immediately after the approval of the 13th package, which was agreed upon on February 23.

The 13th package included sanctions against 106 individuals and 88 legal entities in Russia and other countries, including India, Kazakhstan, China, Serbia, Thailand, Turkey, and Sri Lanka.

Tags: EURussia
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