The panel says paying in rubles would not violate EU laws.
Support the 247 ICL
247 The European Commission said it was “possible” for European buyers of Russian natural gas to pay for the input in rubles, as set by Vladimir Putin in response to the sanctions. The entity says paying in rubles would not violate EU law.
“EU companies can ask their Russian counterparts to fulfill their contractual obligations in the same way as before the decree was adopted, ie by depositing the amount due in euros or dollars,” the EC said in an April 21 document.
“The decree does not rule out a payment process that complies with the restrictive measures taken by the EU. However, the procedure for derogating from the requirements of the decree is still unclear,” he said.
However, an EU spokesman told S&P Global Commodity Insights on April 22 that the EU requires compliance with existing supply contracts.
“We have made our position clear to our G7 partners: Agreed contracts must be respected,” said the EK spokesman.
“97 percent of the relevant contracts expressly provide for payment in euros or dollars. Companies with such contracts are not allowed to comply with Russian requirements,” said the spokesman.
“The EU will remain united in responding to this latest attempt by Russia to circumvent our sanctions,” he said.
CONTINUE AFTER THE ADVERTISEMENT
Subscribe to 247, support by pix, Subscribe to TV247in the canal Cuts 247 and look:
CONTINUE AFTER THE ADVERTISEMENT
https://www.youtube.com/watch?v=J0ath_o2Xw
GO TO ADVERTISEMENT GO TO ADVERTISEMENT
Knowledge sets you free. Learn more. Follow us on Telegram.
To you who have come this far Thank you for appreciating our content. Unlike corporate media, Brasil 247 and TV 247 are financed by their own community of readers and viewers. You can support TV 247 and the Brasil 247 website in a number of ways. You can find out how at brasil247.com/apoio
supports the 247