EU sanctions against Russia: Kuleba listed what is needed now

Otherwise, the European Union pays twice, financing Russia and Ukraine.

Ukraine continues to ask the European Union to impose sanctions on Russia for five main areas: energy, financial sector, trade, media, individual. This was stated by Foreign Minister Dmytro Kuleba at a meeting of EU foreign ministers.

He recalled that the EU had offered a “fair agreement”: the EU gives it everything it needs to defeat Russia, Kyiv wins – and Europe does not faces Russia on its own.

According to him, this requires three factors: the provision of heavy weapons, EU candidate status and tough sanctions.

Kuleba also called for the following sanctions:

1. Energy embargo, including embargo on Russian oil, gas and coal. According to him, Europe pays Russia 600 million euros daily for oil and gas. That is, it pays twice: to Putin for energy resources, and later – to finance the reconstruction of Ukraine.

“It doesn't make sense. Let's deprive Russia of oil revenues and stop the war. It's equally unacceptable to look for loopholes to justify paying for gas in rubles. We all see and know. We need to think about how to get rid of Russian gas, not look for opportunities for it. shopping, “he said.

2. Monetary restrictions. Ukraine calls for disconnection of all Russian and Belarusian banks from SWIFT. There are now more than 300 banks in Russia, which allows exporters to circumvent or try to circumvent sanctions.

“In addition, Kyiv asks to block Russian assets abroad and to develop legislation/procedures to transfer them to the reconstruction of Ukraine.” Russia must pay for the damage caused to Ukraine, “the minister said.

3. Trade. According to Kuleba, Russia is heavily dependent on foreign commercial fleets, saying Russia should stop gaining benefits “thanks to the goodwill of Western transport companies.” >Kuleba calls for banning EU-flagged vessels from entering Russian ports and removing exceptions to Russian-flagged vessels from entering European ports. It also calls for the immediate closure of sanctions:

  • any banks, insurance and financial companies serving Russian exports;
  • any shipbuilding companies or companies supplying technology or components for ships intended for Russian consumers;
  • any companies or individuals that promote Russian exports.

It should also be prohibited all sales of goods and services that can be used for the Russian oil and gas sector.

4. Media and communications. According to Kuleba, a total ban on all Russian media in Europe is needed: it is not the media, but propaganda. He also called for a ban on roaming for Russia's EU telecoms providers.

5. Expand personal sanctions against Russian elites, oligarchs, officials, their families and businesses, including Russia's military-industrial complex.

Read also: Bloomberg: US wants to increase fines for companies violating export sanctions against Russia

Earlier it was reported that analysts believe that the sanctions there are three scenarios of collapse of the Russian economy.

Also S&P analysts have given ten years to recover the Russian economy to the level of 2021. The company forecasts a reduction in GDP by 11.1% this year. They predict that by 2023 the decline will slow to 1.9%, and for the year – to 1.6%. But by 2026, the aggressor's GDP will increase again by 1.9%.

Based on materials: ZN.ua

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