European Commission presented seventh sanctions package proposal against russia
The European Commission has approved a joint proposal for the seventh package of sanctions against the russian federation. The new restrictions include a ban on the russian gold import.
European Pravda writes about this, citing the message of the European Commission.
The European Commission states that the proposal aims to maintain and strengthen the efficiency of six previous packages of EU sanctions against russia.
The new package clarifies several provisions to increase legal certainty and ensure compliance by the Member States. It also aligns EU sanctions with those of allies and partners, including the G7.
"russia's brutal war against Ukraine continues unabated. Therefore, we are proposing today to tighten our hard-hitting EU sanctions against the Kremlin, enforce them more effectively and extend them until January 2023. Moscow must continue to pay a high price for its aggression," said European Commission President Ursula von der Leyen.
"The EU's sanctions are tough and hard-hitting. We continue to target those close to Putin and the Kremlin. Today's package reflects our coordinated approach with international partners including the G7. In addition to these measures, I will also present proposals to Council for the listing of more individuals and entities, with their assets frozen and ability to travel curtailed," said the head of European diplomacy, Josep Borrell.
The seventh package of sanctions includes a ban on russian gold import and tightens controls over the export of dual-use and advanced technologies. It will strengthen the coherence of EU sanctions with those of G7 partners.
The proposal emphasizes that EU sanctions are in no way aimed at trade in agricultural products between third countries and russia.
In addition, the European Commission proposed to extend the current EU sanctions for six months until the next review at the end of January 2023.
It is expected that the proposals for the seventh sanctions package should now be considered by the Council of the EU.
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