German business supports the embargo on Russian oil – BDI

German industrialists are ready for a radical step by the EU.

Big German business is in favor of imposing an embargo on Russian oil exports. This was announced by the Federal Association of German Industry (BDI) on its official website.

energy, this step is necessary.

“The European embargo on Russian oil is a very drastic step. But since oil sales are Russia's most important source of income, it is clear that the freeze on exports will hit its economy hard. German industry supports this step, “said the head of the BDI.

In addition, Russwurm noted that the abandonment of oil from Russia will cause difficulties not only for German business but also for other countries. However, in his opinion, the increase in costs and coordinated cooperation between the government and industry will be able to compensate for the inconvenience associated with the embargo.

Read also: The EU proposes to release Hungary, Slovakia and the Czech Republic from the oil embargo from Russia until 2024 – Bloomberg

Recall that the European Union is in the final stages of preparation for the sixth package of sanctions against Russia strong>. The key point in it should be a ban on the purchase of Russian oil.

The issue of restricting energy exports from the Russian Federation is being actively discussed in the EU, and there is no consensus on what decision to make yet. Will a clause on a full embargo on Russian gas be approved in the next Western sanctions package? Why has Europe become dependent on Russia? About this and other things in Mikhail Gonchar's article “Europe in Russia's energy trap: how to overcome dependence?”

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Based on materials: ZN.ua

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