The European Union is considering a new package of restrictions against Russia, which will be the 19th since the beginning of the full-scale invasion in 2022, Bloomberg reports. The sanctions may cover the banking sector, payment and credit systems, cryptocurrency exchanges, as well as include further restrictions on oil trade.
Source: “Espreso“
The EU plans to coordinate measures with the United States. A delegation of EU representatives will soon visit Washington to discuss coordination of actions. The American side is also considering sanctions against Rosneft, Lukoil, and the shadow fleet of oil tankers used by Moscow to circumvent restrictions.
The package may include a ban on reinsurance of ships transporting Russian oil, increased pressure on traders in third countries, and the cancellation of certain exemptions for major Russian energy companies. A ban on the export to Russia of chemicals and dual-use goods supplied through China and used by the military industry is also being discussed.
For the first time, the EU may apply a “circumvention prevention tool” against Kazakhstan by restricting imports of machinery that are massively redirected to Russia and used in weapons production.