Estonia will propose restrictions against energy in the seventh package of sanctions

The foreign ministers of European countries will discuss the composition of the seventh package of sanctions against Russia, the restrictions should affect the energy industry, Acting Minister of Foreign Affairs of Estonia, Minister of Entrepreneurship and Information Technology Andres Sutt said before the meeting. The video was published on the website of the European Council.

“We must continue to increase the cost to Russia and support Ukraine through humanitarian and military assistance. To do this, we, of course, must work on the seventh package of sanctions, which should also include energy,” said the head of the Estonian Foreign Ministry.

Sutt is confident that energy restrictions will have a positive impact on the diversification of fossil fuel sources for the EU.

Siluanov assessed Russia's chances to get off the "oil needle" due to sanctions Economics

Poland, with the support of the Baltic countries, will demand a complete ban on the export of European technologies to Russia, Marcin Przydacz, deputy head of the Polish Foreign Ministry, told Welt am Sonntag. According to the diplomat, the measures will affect civilian products that can be used for military purposes - dual-use goods.

With a broad interpretation of this term, sanctions can be imposed on the supply of almost all industrial products, since, in particular, tires or brake systems for a civilian truck can be used for military vehicles, the newspaper writes. The minister also called for "more drastic measures against Russian banks and against Russian channels of propaganda and disinformation."

“The sixth package of sanctions hit Russia hard. But we have not been able to sufficiently weaken Putin and his war machine. Therefore, tougher sanctions are needed,” the diplomat stressed.

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Putin allowed the EU to lose $ 400 billion from the "sanctions fever" Economics

Since the end of February, the European Union, together with the United States and other countries, have introduced a number of restrictive measures against Russia. The EU Council approved the sixth package of sanctions about three weeks ago, in early June. Among other things, the European Union banned the purchase, import or transfer of crude oil and certain petroleum products from Russia, agreed to disconnect Sberbank, Moscow Credit Bank and Rosselkhozbank from the SWIFT system, suspended broadcasting on the European territory of Russia 24, TV Center - International and RTR Planet".

The Kremlin considers the sanctions imposed on Russia illegal. President Vladimir Putin called restrictive measures against the country crazy and thoughtless. He said: “The calculation was understandable - to crush the Russian economy with a swoop, with a swoop, by destroying business chains, forcing the withdrawal of Western companies from the Russian market, freezing domestic assets, hitting industry and finance, and the standard of living of citizens.” According to Putin, "it did not work out, it did not take place."

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