New EU sanctions against Russia expected in February

21 January, 01:48 AM
EU countries are working on new anti-Russian sanctions (Photo:REUTERS/Yves Herman)

EU countries are working on new anti-Russian sanctions (Photo:REUTERS/Yves Herman)

EU countries are currently working on the 10th sanctions package against Russia, which could come into effect on the Feb. 24 anniversary of Russia’s invasion of Ukraine, Reuters reported on Jan. 20.

The report notes some EU countries demand to speed up the process and limit cooperation with Russia in the field of nuclear fuel, ban the import of Russian diamonds, and reduce trade with Belarus, whose authoritarian regime is allied with the Kremlin.

At the same time, there are countries whose representatives are in no hurry and aren’t ready to say what new restrictions can be applied.

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"It's too early, we just had the ninth package," said an unnamed EU diplomat.

It is noted that new sanctions won’t be discussed at a meeting of EU foreign ministers on Jan. 23. At the same time, the issue of approving a new tranche of military aid, which previously was blocked by Hungary, will be raised.

The EU agreed on the ninth package of sanctions against Russia on Dec. 16, 2022, with a focus on technology, finance, and media influence. About 200 individuals and legal entities were added to the sanctions list. Sanctions were also imposed on three Russian banks, as well as four Russian propaganda TV channels.

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