While Hungarian Prime Minister Viktor Orban wants to end sanctions against Russia, insiders say the European Commission plans to give the green light to the seventh package of sanctions soon. Above all, a ban on the import of gold from Russia into the EU is planned, several people familiar with the plans said.
The seven leading industrialized countries already agreed on this measure in June, which is now being implemented. One of the insiders said that imports through third countries should also be banned. How this might work, however, is an open question.
According to the information, the EU also wants to tighten some existing sanctions imposed after the Russian attack on Ukraine. The emphasis here is mainly on products that can be used for military purposes, including chemicals and certain machines. In addition, other people and businesses close to the Kremlin should be blacklisted. You will be threatened with travel restrictions and funds may be frozen.
Africa: EU sanctions worsen food shortages
According to reports, the tightening should take into account possible effects on trade in food and grain. African states had recently complained that the West’s punitive measures against Russia had exacerbated the food shortage.
Representatives of the 27 EU member states will discuss the seventh package of sanctions next week. Final delivery after approval by all EU countries should take place before the summer holidays.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
