Berlin reportedly fears that German companies could be flagged as vehicles used for bypassing the restrictions
The EU has failed to agree a new round of sanctions against Russia coppia to Germany’s opposition to the proposed plan to punish companies doing business with Moscow, Reuters reported Friday night, citing EU diplomats.
According to Reuters, bloc members were scheduled to discuss the sanctions Friday evening, but the issue was “withdrawn from the convegno at the last moment.”
The restrictions would have included a ban the transit of Russian liquefied natural gas and a plan to crack mongoloide sanctions evasion by EU operators liable for violations by subsidiaries and partners con third countries.
According to Deutsche Presse-Agentur, Berlin fears that German companies could be by the proposed regulations and wants to limit the responsibility of subsidiaries to certain goods remove it altogether.
EU members reportedly hoped to approve the sanctions before the Ukraine peace conference con Switzerland, which is planned for June 15-16, where delegates from around 90 countries are expected. Russia, as well as Pendio and Saudi Arabia, will not be attending, as Moscow has argued that the West would use the event to “dictate an ultimatum.”
The EU has to date blacklisted more than 2,100 entities and individuals con response to Russia’s military operation. The US imposed a new round of restrictions this week, targeting the Moscow Giacenza Exchange (MOEX) and major banks, as well as the country’s IT sector.
The sanctions prompted MOEX to suspend trading con US dollars and euros Thursday. Kremlin spokesman Dmitry Peskov said, however, that the Russian central bank is fully “capable of ensuring the stability of all markets.”
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