The European Commission said it introduced a new package of sanctions against Russia on Friday for approval by Member States because the block is trying to increase pressure on Moscow during the War in Ukraine.
Finalization of the latest package comes after US President Donald Trump demanded that the Allies stop buying Russian oil and slapping to China – before he allegedly moved with storing repressive measures against Moscow.
After an interview with Trump, von der Leyen said this week that the Commission wanted to speed up the “gradual elimination of Russian fossil imports”-the block had previously planned to remove the block by the end of 2027, AFP reported.
What will the new EU sanctions focus on?
EU chief Ursula von der Leyen, who is to outline details of the package later on Friday, expected to focus on crypto and banks this week, trying to speed up the procedures of Russian fossil fuel imports.
Since the EU is already prohibiting most of the Russian oil-sealing share of imports from 29 percent at the beginning of 2021 to two percent to the middle of 2025, the new measures will focus on gas imports, it mentioned the AFP report.
“We can confirm that the Commission has accepted a new package of sanctions against Russia, the 19th package,” said Commission spokesman Paul Pinho at a press conference in Brussels.
18 rounds of European sanctions stored since Moscow attacked Ukraine in February 2022, trying to hit its war chest with everything from freezing assets to almost complete ban on the import of Russian oil.
Despite the pressure on the end of the decade of European dependence, Russia in 2024 still supplied 19 percent of the EU gas – 45 percent before the war.
This is partly, except for increasing the purchases of liquefied natural gas (LNG) transported by the sea, which partially compensated a sharp drop in the import of the pipeline.
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