September 27, 2022

Macron announces EU readiness to expand sanctions against Russia

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Europe is ready to introduce new sanctions against Russia. This was announced on Friday, April 8, by French President Emmanuel Macron.

“As Europeans, we accept new sanctions. And we continue to support Ukraine in humanitarian, military and financial terms,” he said on Twitter.

Earlier on the same day, it became known that the European Union adopted the fifth block of sanctions against Russia. This is a ban on the transportation of goods by transport of Russia and Belarus, but the sanction does not apply to the transportation of medicines and food. The restrictions also include “freezing the assets of a number of Russian banks, a ban on the import of coal from Russia, an embargo on the supply of weapons to Russia, a ban on exports to Russia.”

In addition, the EU expanded the sanctions list, which added 217 individuals and 18 legal entities, including 179 representatives of the leadership and deputies of the DPR and LPR.

On April 7, the states of the G7 group, which includes Canada, France, Germany, Italy, Japan, Great Britain and the United States, announced that they would continue all-round pressure on state structures and the Russian economy.

On April 4, a member of the State Duma Committee on Energy, Jamaladin Gasanov, in an interview with Izvestia, called on European politicians to think through everything before imposing sanctions on the energy resources of the Russian Federation so as not to harm their own population. According to the deputy, “it is unlikely that any country will provide them with cheaper energy resources.”

On March 15, the fourth package of EU sanctions against Russia came into force. Restrictions include a ban on new investments in the energy sector of the Russian Federation; peaceful nuclear power and the transportation of energy resources to the EU are also exempted. Individuals and organizations were also subject to restrictions. The sanctions have affected over 600 Russians and most of the Russian financial system. The EU also banned the export of luxury goods, which include luxury foreign cars, jewelry and much more.

Western countries continue to impose new sanctions against the Russian Federation, after Russia launched an operation to protect the civilian population of Donbass on February 24. A few days earlier, the situation in the region had deteriorated significantly due to shelling by the Ukrainian military. Then the authorities of the Donetsk and Lugansk People’s Republics announced the evacuation of residents to the Russian Federation, and also turned to Moscow for help. On February 21, Russian President Vladimir Putin signed a decree recognizing the independence of the DNR and LNR.

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