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The EU prepares the ninth package of sanctions against Russia – DW – 24.11.2022

The European Union is speeding up preparations for a new, ninth package of sanctions against Russia armed invasion of Ukraine. “We are working hard to hit Russia where it hurts and further undermine its strength for the war against Ukraine,” she said. Ursula von der Leyen, President of the European Commission (Ursula von der Leyen) during a visit to Finland on Thursday 24 November.

“I am sure that we will reach an agreement with the G7 and other key partners on the introduction of a global very soon Russian oil price ceiling. We will not rest until Ukraine wins Putin and its unjust and barbaric war,” she emphasized.

Von der Leyen has sharply criticized Russian attacks on Ukrainian civilian infrastructure, calling these actions war crimes. At the same time, she expressed her confidence in Ukraine’s victory. “I know that our Ukrainian friends will overcome this strategy because they are strong, their aim is just, and we will support them as much as possible in these difficult times,” said the head of the European Commission.

European sanctions packages against Russia

Due to the Russian invasion of Ukraine, the EU has already introduced eight packages sanctions against Russia. The latter included export and import restrictions and a ban on crypto wallets for Russians and a number of other measures.

Previously, the European Union banned the import of Russian gold, tightened controls on the export of advanced technologies and dual-use goods, and imposed heavy financial sanctions against Russia, large-scale oil embargo and a ban on Russian coal imports.

Also see:

Sanctions pull the Russian Federation to the bottom: what about the European economy?

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By Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org