Sep 23 2022 10:36 p.m
Poland and the Baltics have found a surprising backer in Ireland and are calling for tougher sanctions on Russia’s banking sector. The EU Commission is planning a new, eighth package of sanctions next week. It is still unclear whether the demands of the five countries will be taken into account.
In the negotiations on an eighth EU sanctions package against Russia, Poland, the Baltic States and Ireland are pushing for further punitive measures against Russian banks. Gazprombank, Alfa Bank and Rosbank, among others, should be excluded from the Swift banking communications network, according to a proposal by the five countries for further sanctions. The nine-page paper that the German press agency (dpa) is available, should be included in the preparations of the EU Commission for further sanctions.
After the announced partial Russian mobilization, the EU states agreed to impose further sanctions against Russia as soon as possible and in coordination with international partners.
“We will take new restrictive measures, both at a personal and at a sectoral level,” said foreign policy chief Josep Borrell.
Commission President Ursula von der Leyen mentioned, among other things, additional export controls for civil technology as a possible extension of the previous sanctions.
In the coming days, your authority will hold so-called “confessional talks” with representatives of the EU states in Brussels in order to sound out their priorities. She is then likely to present a proposal for a package of sanctions, which the EU states will then have to negotiate. Part of the proposal could also be a price cap on imports of Russian oil, for which the G7 economically strong democracies are already campaigning. As a result, Russia should earn less from its oil. EU sanctions decisions must be taken unanimously by all 27 member states.
The proposal by Poland, the Baltic states of Estonia, Lithuania and Latvia and Ireland now states that cooperation with Russia in the field of nuclear energy should be banned. In addition, the countries are pushing for a complete ban on imports of gas from Russia, with an appropriate transition period. It should also be forbidden to sell real estate in the EU to Russians and Russian institutions and to import diamonds from Russia into the EU.
In particular, punitive measures against the Russian energy sector are likely to draw resistance in Hungary, which is heavily dependent on Russian gas. Also, like France, this Eastern European country cooperates with Russia on nuclear energy.
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