EU’s new sanctions on Russia will target industry, export controls

news image

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves Herman

Register now for FREE unlimited access to Reuters.com

BRUSSELS, Feb 24 (Reuters) – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday.

“We want the biggest possible package, targeting industrial sectors, export controls, financials, maybe visa policy”, the diplomat said, adding that EU sanctions would target Russian oligarchs, especially those around President Vladimir Putin.

EU leaders will hold an emergency summit starting at 1900 GMT to discuss the sanctions, after Russian forces invaded Ukraine on Thursday in a massed assault by land, sea and air.

Register now for FREE unlimited access to Reuters.com

Reporting by Kate Abnett

Our Standards: The Thomson Reuters Trust Principles.

European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, July 14, 2021. REUTERS/Yves HermanRegister now for FREE unlimited access to Reuters.comBRUSSELS, Feb 24 (Reuters) – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday.”We want the biggest possible package, targeting industrial sectors, export controls, financials, maybe visa policy”, the diplomat said, adding that EU sanctions would target Russian oligarchs, especially those around President Vladimir Putin.EU leaders will hold an emergency summit starting at 1900 GMT to discuss the sanctions, after Russian forces invaded Ukraine on Thursday in a massed assault by land, sea and air.Register now for FREE unlimited access to Reuters.comReporting by Kate AbnettOur Standards: The Thomson Reuters Trust Principles.

Leave a Reply

Your email address will not be published. Required fields are marked *