06.12.2022, 16:19
New EU sanctions against Russia may affect the mining sector
Source: OREANDA-NEWS
OREANDA-NEWS The European Commission intends to propose restrictions in the mining industry as part of the ninth package of sanctions against Russia. This was reported by the Financial Times newspaper on Tuesday. According to her sources, we are talking about a ban on new investments within the industry. At the same time, an exception will be made for some types of mining products.
The proposal of the executive body of the community will also include a ban on transactions with three more Russian banks, the publication reported. The European Union plans to agree on new measures by the end of next week.
Earlier, sources in Brussels reported that the new package of EU sanctions will include up to 180 individuals and legal entities, restrictions will affect Russian media, energy and heavy industry, banks, knowledge-intensive and high-tech enterprises.
The European Union claims that its sanctions are not aimed at undermining global logistics and aggravating the food and energy crisis, but should "reduce Russia's ability to finance military operations in Ukraine," as well as "reduce the ability of the Russian Federation to produce high-tech weapons."
The proposal of the executive body of the community will also include a ban on transactions with three more Russian banks, the publication reported. The European Union plans to agree on new measures by the end of next week.
Earlier, sources in Brussels reported that the new package of EU sanctions will include up to 180 individuals and legal entities, restrictions will affect Russian media, energy and heavy industry, banks, knowledge-intensive and high-tech enterprises.
The European Union claims that its sanctions are not aimed at undermining global logistics and aggravating the food and energy crisis, but should "reduce Russia's ability to finance military operations in Ukraine," as well as "reduce the ability of the Russian Federation to produce high-tech weapons."
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