EU proposes new sanctions, but continues to say ‘yes’ to oil and gas from Russia: why is this puzzle so difficult?

The Commission also wants Russian ships can no longer moor in European ports, although there should be an exception for agricultural, food and energy products. Furthermore, the Commission also wants to further hit the Russian financial system by imposing a transaction ban on another four banks, including VTB, Russia’s second largest bank.

The Commission also wants some EUR 10 billion in additional exportverboden for example for quantum computers and advanced semiconductors. In addition, it proposes 5.5 billion euros new import bans for, inter alia, for wood, cement and spirits.

Finally, the Commission is in favor of a general ban Russian companies to participate in public procurement in the Member States.

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