Russia is waging a cruel, ruthless war, also against Ukraine’s civilian population.
We need to sustain utmost pressure at this critical point.
So today we are proposing a 5th package of sanctions.
1 – An import ban on coal from Russia, worth €4 billion per year, cutting another important revenue source for Russia.
2 – A full transaction ban on 4 key Russian banks, among them VTB, the 2nd largest Russian bank.
3 – A ban on Russian & Russian operated vessels from accessing EU ports and a ban on Russian and Belarusian road transport operators.
4 – Further export bans, worth €10 billion, in crucial areas: advanced semiconductors, machinery and transport equipment
5 – Specific new import bans, worth €5.5 billion euros.
6 – Targeted measures, such as a ban on participation of Russian companies in public procurement in 🇪🇺 and exclusion of all financial support, EU or national to Russian public bodies.
Finally, we are also proposing further listings of individuals.
We are also working on additional sanctions, including on oil imports, and reflecting on some of the ideas of the Member States, like taxes or specific payment channels such as an escrow account.
Today over 40 countries apply sanctions like these.
To take a clear stand is crucial for the whole world.
A clear stand against Putin’s war of choice.
Against the massacre of civilians.
Against the violation of the fundamental principles of the world order.
Slava Ukrainje
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.