EU Member States reach agreement on the 18th sanctions package against Russia
The European Union member states have reached an agreement on the 18th sanctions package against Russia, according to various diplomatic sources, after Slovakia decided to withdraw its opposition.
Vice-president of the European Commission, Kaja Kallas wrote a post on X outlining the sanctions package, saying, "We are standing firm. The EU just approved one of its strongest sanctions package against Russia to date. We’re cutting the Kremlin’s war budget further, going after 105 more shadow fleet ships, their enablers, and limiting Russian banks’ access to funding."
She went on to say, "Nord Stream pipelines will be banned. A lower oil price cap. We are putting more pressure on Russia’s military industry, Chinese banks that enables sanctions evasion, and blocking tech exports used in drones. For the first time, we're designating a flag registry and the biggest Rosneft refinery in India. Our sanctions also hit those indoctrinating Ukrainian children. We will keep raising the costs, so stopping the aggression becomes the only path forward for Moscow."
Formal approval will follow later today during the General Affairs Council meeting.
© PHOTO MARTIN BERTRAND / HANS LUCAS VIA AFP
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