Representatives from the 27 EU member states will discuss the seventh sanctions package next week. Final acceptance after approval by all EU states must take place before the summer break.
Above all, a ban on gold imports from Russia into the EU is planned, several people familiar with the plans said. The seven main industrialized countries (G7) had already agreed to this measure in June, which is now being implemented. One of the sources said that imports from third countries should also be banned. How this could work, however, remained open.
Tightening of existing sanctions
According to the report, the EU also wants to tighten some existing sanctions imposed in the wake of the Russian attack on Ukraine. The main focus here is on products that can be used for military purposes, including chemicals and certain machines. In addition, other people and companies close to the Kremlin should be blacklisted. You are threatened with travel restrictions and assets could be frozen.
EU officials also said some sanctions must be clarified to prevent the food and grain trade from being affected. African states say EU sanctions have exacerbated food shortages. Russia and Ukraine are among the main wheat exporters. However, many deliveries are stuck in ports blocked by Russia. Russian ships must be allowed to enter EU ports if they are carrying food or medicine.