THE 27 member countries fromEuropean Union have given the green light for the fifth package sanctions against Russia. A decision made at the last meeting of ambassadors. The sanctions include, inter alia, the gradual embargo toimport Of money Russian, but the EU Council, in the note announcing the formal OK to the new European measures, states that the total embargo gem leaks on Thursdays is triggered only August, in 120 days. The ban on entering into new contracts will come into effect immediately, but for existing contracts, the phase of “phasing out will last four months, in accordance with the requirements of the law Germany and thus ends in the first half of August.
The package also includes expanding the audience of Russian personalities included in the Blacklist European. to another four banksA trade freeze with the EU is also imposed. THE ports are Europeans forbidden at Russian ships (flying the country’s flag and registered in European ports) and the Access denied on the roads of the EU for freight forwarders Russians and Belarusians. with exceptions about the transportation of products doctors and pharmaceuticals, from humanitarian aid and food products, including grain.
Then there is the import ban on a number of Russian products (including cement, wood and liqueurs) worth 5.5 billion and the export ban from the EU of hightech products, for a value of around ten billion. With the completion of the written procedure, the fifth package will be published in the European Official Journal and will formally enter into force.
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Coal, wood and Russian chemicals in the sights of the European Union. The import ban is on the table, which would cost Moscow 10 billion euros a year
Even the Japan, which announced new sanctions against Moscow to protest its violations of international law in Ukraine, said it would phase out coal imports from Russia. “We will embrace alternatives and reduce our energy dependence on Russia by gradually reducing imports,” said the Japanese prime minister. Fumio Kishida On TV.