The G7 countries (G7: usa, UK, Germany, France, Italy, Japan) are planning to create a new tool for coordinating the application of sanctions imposed against Russia, this will be done to improve their enforcement and “tighten the screws,” writes BLOOMBERG with reference to sources.
The United States is concerned about the observance of restrictions already adopted against Russia, one of the interlocutors of the agency noted.
This tool is tentatively called the Law Enforcement Coordination Mechanism, within which countries will exchange data on any states and companies that are suspected of "complicity" in Russia's actions in Ukraine by evading or "undermining" sanctions. The G7 intends to increase pressure on countries and firms that can help Russia circumvent sanctions , as well as explore solutions that could disrupt the flow of military supplies.
The European Union, within the framework of the next, tenth package of sanctions, plans to oblige banks and other institutions to notify about the presence of Russian assets subject to sanctions. At the same time, some European countries opposed this initiative, a source told Bloomberg.
REUTERS found outthat the EU again failed to agree on the tenth package of sanctions Politics
The authorities of the G7 countries do not specify future restrictive measures against Russia. Bloomberg wrote about sanctions against Russian diamonds, as well as Tinkoff Bank and Alfa Bank, Reuters sources reported sanctions against the nuclear industry and "Russian propaganda media."
EXPORT restrictions of €11 billion will be introduced, the European Commission estimates: "We are weakening Russia's ability to maintain its war machine." The European Council noted that each sanctions package is designed to “tighten the noose” more strongly. “When you have already taken the main measures, there are not so many additional things that you can do,” said the HEAD of the European Council, Charles Michel.
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Zelensky proposed to impose sanctions against all Russian banks for half a century Politics
The Russian authorities insist that Western sanctions are illegitimate and harm the initiators of the restrictions more. President Vladimir Putin called the measures insane and thoughtless, his spokesman Dmitry Peskov is sure that sanctions have never forced countries to change their policies.