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    Home»World Economy

    EU agrees new Russia sanctions in the face of US push to end Ukraine war

    Team_NewsStudyBy Team_NewsStudyFebruary 20, 2025 World Economy No Comments3 Mins Read
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    EU capitals have agreed a recent sanctions package deal towards Russia, as Brussels vows to step up stress on Moscow and improve its assist for Kyiv, widening a transatlantic divide with US President Donald Trump as he pushes for a speedy finish to the conflict in Ukraine.

    The brand new measures concentrating on Russia’s aluminium and oil exports come as Brussels fears Trump may ease US sanctions on Moscow as a part of a peace deal struck with President Vladimir Putin with out Europe’s involvement.

    After the primary formal day of US-Russia peace talks in Saudi Arabia on Tuesday, US secretary of state Marco Rubio hinted EU restrictions on Russia’s financial system, defence trade, and oligarchs and officers who assist to take care of the conflict might be a part of the negotiations.

    “The European Union goes to need to be on the desk in some unspecified time in the future, as a result of they’ve sanctions as properly which have been imposed,” Rubio mentioned.

    In a press release whose contents had been largely echoed by Moscow, the US state division mentioned following Tuesday’s talks that the 2 international locations would “lay the groundwork for future co-operation on issues of mutual geopolitical curiosity and historic financial and funding alternatives” following a peace deal in Ukraine.

    “There’s deep concern about how we [the EU] can sustain financial stress on Russia if the US delinks its sanctions from ours,” mentioned one EU official concerned within the package deal. Most western sanctions imposed on Russia since 2022 have been co-ordinated by the G7 to make sure most influence.

    Endorsement of the brand new sanctions package deal follows talks between EU capitals over the previous week on adhering to the bloc’s rules in the direction of the battle, no matter how Trump acts, mentioned senior EU diplomats.

    “We should proceed to forge our path on Ukraine, regardless of what another ally chooses to do,” mentioned one.

    Rubio has informed European diplomats in latest days that he supported inserting further restrictions on Russia to take care of stress on Moscow in the course of the negotiations, mentioned two officers briefed on the conversations.

    However the officers acknowledged his view may differ from Trump’s.

    Advisable

    The bloc’s sixteenth package deal of sanctions towards Russia since Moscow launched its full-scale invasion in 2022 imposes a “phased-in” ban on imports of Russian aluminium merchandise and additional tightens measures concentrating on its crude oil gross sales, mentioned folks briefed on its contents.

    The sanctions goal 73 so-called shadow fleet tankers Moscow makes use of to export crude oil in violation of western restrictions, 13 Russian banks, and scores of people and corporations deemed to be serving to the Kremlin’s conflict effort.

    It was agreed by ambassadors from all of the EU’s 27 member states on Wednesday, forward of formal adoption by international ministers subsequent week.

    “We maintain supporting Ukraine and we maintain sanctioning the Russian aggressor, as a result of that is the best factor to do, preserving worldwide guidelines and order, defending sovereignty and territorial integrity,” mentioned one EU diplomat briefed on the brand new package deal.



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