Brussels is preparing new sanctions against Moscow. – Politics


Further restrictions on imports and exports, an oil price cap and a ban on well-paid posts in Russia accepted: EU Commission President Ursula von der Leyen presented details of the eighth package of sanctions against Russia on Wednesday in Brussels. The authority had already announced this step last week in response to the partial mobilization and the illegal referendums with which Russian President Vladimir Putin is escalating the Ukraine war. The alleged attacks on the gas pipelines in the Baltic Sea, on the other hand, have not yet played a role.

The Member States must agree unanimously to the proposals; first the 27 EU ambassadors discuss it. The package is in line with what was expected in Brussels. Already at the weekend, the commission explored which measures the governments would support. There should be further import bans for Russian products worth seven billion euros, as von der Leyen said. In addition, the EU wants to restrict the export of technologies and important supplier parts to Russia even more. According to the head of the commission, this is about “products for aviation, electronic components and special chemical base materials”.

A case like that of ex-Chancellor Schröder in the Russian service should become impossible

The authority also takes up the suggestion of the federal government to ban EU citizens from accepting positions on the supervisory board or board of Russian state-owned companies. It would then no longer be possible for someone like former Chancellor Gerhard Schröder to be the head of the supervisory board at the Russian oil company Rosneft for years. In addition, other Russian officials are to be banned from entering the EU; their assets in Europe will be frozen. And who tries sanctions to circumvent against Russia should also be punished with such penalties in the future.

The package also includes bills to put a price cap on Russia’s oil exports around the world. Already agreed four weeks ago finance ministers of the G7, i.e. Germany, France, Italy, Great Britain, Japan, Canada and the USA, to work on such a cap. Now the EU would join in as a whole. The plan starts with ship insurers: oil tankers carrying Russian goods should only be allowed to take out insurance and other services in G-7 and other EU countries if the oil was sold at a price that was not too high, for example after Asia or Africa.

In the EU, on the other hand, occurs in December anyway an import ban for Russian oil transported by tanker. Oil can only continue to flow to Hungary, the Czech Republic and Slovakia via the Druzhba pipeline, but that only accounts for a good tenth of exports to the EU. Von der Leyen said that the oil price cap would “on the one hand help to reduce Russia’s income and on the other hand keep the global energy markets stable”.



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