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The bloc is close to reaching an agreement on a sixth set of sanctions against Russia, including a ban on oil imports, because of the war in Ukraine, EU officials said.
“I hope they can make a deal. They’re almost there. We need this deal because we still need more economic and financial pressure on Russia,” the foreign policy official said. EU) Josep Borrell said at an event in Italy on May 5.
Mr Borrell’s comments came a day after European Commission President Ursula von der Leyen. Post proposal Regarding the sixth set of sanctions against Russia, which includes a blanket ban on all Russian oil, seaborne and pipeline imports, including crude oil and refined products.
In a May 3 Twitter post, Borrell said the sixth set of sanctions was aimed at “cleaning out more Russian banks, listing proxies for false information and addressing oil imports.” The proposal will be submitted to the 27 Member States for approval.
On May 3, the European Union’s high representative for foreign policy, Josep Borrell, attended the meeting in the capital of Panama. picture: AFP.
The ban on Russian oil imports is considered the most important issue in the EU sanctions package.Punishment Pack consensus is required All 27 Member States prior to entry into force. Slovakia has said it will seek exemptions, while Hungary has said sanctions on energy supplies are its “red line”. Both countries are almost 100% dependent on Russian crude oil.
The officials, speaking on condition of anonymity, said earlier that Bulgaria and the Czech Republic may also seek to withdraw from the sanctions package. A European diplomat warned that granting exemptions to one or two countries heavily dependent on Russian oil could have a domino effect, prompting other countries to hope for exemptions that would weaken the embargo.
The EU imports 3-3.5 million barrels of Russian oil per day and pays about $400 million per day. Russian supplies account for about 27 percent of EU oil imports. According to the International Energy Agency, oil and gas revenues in 2021 account for 45 percent of the Russian Federation’s budget.
Xuanle (according to guardian, Reuters)
