New EU Sanctions Will Affect Technology Exports to Russia – DW – 09/22/2022

The European Commission is working on new proposals for sanctions against Russia after the announcement of the mobilization by Russian President Vladimir Putin. New steps could be taken very quickly, European Commission spokesman Eric Mamer warned at a briefing in Brussels on Thursday 22 September.

Individual punitive measures against individuals and entities will be considered, as well as a proposal for additional export controls on several technologies that the EU exports to Russia, he said, citing head of the European Commission Ursula von der Leyen. “The application of this kind of additional sanctions would be justified, since we see that Russia is moving towards a wartime economy,” Mamer said.

In response to a question about the possible introduction of a ceiling on Russian oil prices, he replied that this topic is being discussed in the G7 format, since the decision will affect the global oil market and should be made at the global level. “There are areas where the imposition of sanctions without the consent of our allies simply does not make sense. And for this reason, from the very beginning of this conflict, the EU has been coordinating and imposing sanctions with the widest possible support of its largest partners. And this also applies to any possible actions in the oil sector” – said the representative of the European Commission.

On September 21, the Foreign Ministers of the EU and Ukraine held an informal emergency meeting in New York in connection with announcement of mobilization in Russia. They decided to impose additional individual and sectoral sanctions against the Russian Federation and continue military support for Ukraine in the face of Russian aggression for as long as necessary, said EU top diplomat Josep Borrell.

See also:

Mobilization experts: ‘It’s a sign of Putin’s weakness’

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button