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    EU set to roll out 13th package of Russia sanctions without new import bans

    EU set to roll out 13th package of Russia sanctions without new import bans

    The European Commission is poised to unveil its 13th package of sanctions against Russia, with diplomats indicating that the measures will not include any new import bans, Reuters reported. This decision comes as the proposal for the sanctions package nears its finalization, with the Commission and European Union member states aiming to swiftly implement the measures to coincide with the second anniversary of Russia's invasion of Ukraine on February 24.

    Photo: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023
    Source: Reuters 
    While there have been calls from certain EU countries to expand import bans to include additional Russian exports such as aluminum, the Commission is prioritizing a package that will provoke minimal debate among member states, facilitating its rapid adoption. Notably, any new sanctions require unanimous approval from all member states.

    EU diplomats state that the forthcoming sanctions package will primarily focus on the inclusion of numerous entities and individuals on the sanctions list, with no major corporations targeted. The proposed measures are also expected to broaden the list of Russian companies to which EU firms are prohibited from selling dual-use goods. Dual-use goods are items that can have civilian applications but may also be utilized in military contexts to manufacture weapons like drones.

    Following the passage of the 13th sanctions package, the Commission intends to swiftly propose a 14th set of measures, which may include additional import bans. However, the scope for further unanimous agreement among EU countries is perceived to be limited, with sanctions on Russian nuclear fuel and liquefied natural gas currently deemed unfeasible.

    In previous rounds of sanctions, the EU has imposed bans on significant Russian imports, including sea-borne oil shipments and, more recently, diamonds. However, with the 13th sanctions package set to primarily focus on listing entities and individuals rather than imposing import bans, Brussels is signaling a cautious approach amid ongoing tensions with Russia.

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    07.02.2024, 01:34   Comments (0)   1792
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