Hungary is particularly opposed to the sixth package of sanctions, which includes Alina Kabayeva, Patriarch Kiel and the Bucha assassins.
Hungary continues to block the European Union's attempts to impose an embargo on Russian oil imports, delaying the entire package of sanctions of the sixth package against Russia over the war in Ukraine. This was reported by Bloomberg, citing people familiar with the talks, which took place on Sunday, May 8.
“The meeting of 27 EU ambassadors ended on Sunday without an agreement. Negotiations are expected to resume in the coming days, “the source said.
The EU proposal aims to ban crude oil for the next six months and refined products – until early January. The EU has also proposed exemptions for Hungary, Slovakia and the Czech Republic, as they are heavily dependent on Russian oil.
“But concessions failed to convince Hungary, which continued to block Sunday's plan. on the ban on oil, as well as how to finance the transition from Russian energy, “- said the agency.
The EU insisted that sanctions be agreed before Victory Day, which is celebrated in Russia on May 9.
According to Bloomberg, after an unsuccessful attempt to approve a package of sanctions, the leaders of the G7 countries should make a video call later Sunday to discuss how this delay could limit the sanctions that were announced earlier.
Read also: Hungarian PM calls new EU sanctions package against Russia “historic mistake”
According to EU plan proposed to member states < Last week, European companies and individuals will be banned from providing tankers and related services, such as insurance, needed to transport oil to third countries. These measures are planned to be implemented within three months.
The EU also proposes:
- disconnect three more Russian banks from the international payment system SWIFT, including Russia's largest lender – Sberbank;
- ban Russian entities and individuals from buying real estate in the EU;
- ban the provision of consulting services to Russian companies and trade in a number of chemicals;
- impose sanctions against Alina Kabayeva, former Olympic gymnastics champion, “closely linked” to Vladimir Putin;
- impose sanctions on Patriarch Kirill, who heads the Russian Orthodox Church and is an active supporter of the Russian president and the war in Ukraine.
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The sanctions also targeted dozens of servicemen, including those believed to be responsible for war crimes in Bucha, as well as companies supplying equipment, supplies and services to the armed forces Russia.
