EU imposes coal embargo and other sanctions on Russia

EU imposes coal embargo and other sanctions on Russia

Ukrinform
The European Union has imposed a coal embargo and other sanctions on Russia over Ukraine invasion.

Head of the Ukrainian President’s Office Andriy Yermak wrote this on Telegram, Ukrinform reports.

"The EU has imposed a fifth package of sanctions against Russia. It includes, in particular, a coal embargo, which will cost the Kremlin EUR 4 billion a year. Unfortunately, an oil embargo is still to be discussed. We will continue working to convince our partners of an embargo, namely, on oil," Yermak wrote.

According to him, the sanctions also include a ban on exports to Russia of semiconductors, machinery and transport equipment worth EUR 10 billion. Russian ships will no longer be able to enter EU ports. In addition, any transactions with four key Russian banks, including VTB, are prohibited. Restrictions on the entry of trucks from Belarus and Russia will also come into effect; imports of goods and raw materials such as wood, seeds, seafood and alcohol from Russia are prohibited.

Yermak noted that Russian companies will now not be able to participate in European public procurement and will not have any financial support from the EU.

On February 24, Russian President Vladimir Putin announced the beginning of a full-scale invasion of Ukraine. Russian troops have been shelling and destroying key infrastructure facilities, conducting massive shelling of residential areas of Ukrainian cities and villages using artillery, multiple rocket launchers and ballistic missiles.

Martial law was imposed in Ukraine and general mobilization was announced.

The United States, the European Union, and other countries impose sanctions on Russia as an aggressor whose international isolation is growing by the day.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2022 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-