EU takes aim at key exports to Russia in new sanctions-UPDATED

EU takes aim at key exports to Russia in new sanctions-UPDATED
# 15 November 2023 16:31 (UTC +04:00)

The European Commission proposed to ban imports of diamonds and liquid petroleum gas from Russia and to tighten the implementation of a price cap on Russian oil as part of a new sanctions package against Moscow, APA reports citing Reuters.

The 12th sanctions package adds 47 individuals to the list of people banned from travelling in Europe and whose European assets are frozen as well as 72 entities.

*** 15:07

The European Union has proposed banning the export of machine tools and machinery parts that Russia uses to make weapons, according to documents seen by Bloomberg, APA reports.

The proposal is contained in the EU’s 12th sanctions package, which also includes a ban on diamonds and measures to better enforce the price cap on Russian oil. Member states are set to discuss the proposals this week and they could change before they’re approved.

Other items used by Russia that contribute to the production of its military systems that the EU proposes to add to its list of restricted goods include chemicals, lithium batteries, thermostats and motors and servomotors for drones.

The proposals include import restrictions on liquefied propane, pig iron and spiegeleisen, copper wires, aluminum wires, foil, tubes and pipes.

#
#

THE OPERATION IS BEING PERFORMED