Reuters learned about the possible inclusion of gold in the seventh package of EU sanctions

Restrictions on gold may appear in the draft of the next package of anti-Russian sanctions, but it is not known whether they will involve a ban on imports or exports.Against the background of the discussion of sanctions, Switzerland bought 3 tons of gold from Russia

The European Union may include restrictions on gold in the seventh package of anti-Russian sanctions, Reuters reports, citing sources familiar with the discussions.

One of the interlocutors told the agency that the European Commission is working on the inclusion of gold in a possible new package of sanctions, while it is not known whether the measure will involve a ban on the export of the metal to Russia or its import from the country. A spokesman for the Danish ambassador to the EU said that at a private meeting of ambassadors last week, the Danish diplomat suggested that gold be included in the new sanctions package along with other sectors.

The agency also reviewed the latest version of the final statement of the EU leaders, which will be presented at the summit on June 23-24. It says work on the sanctions will continue, including "strengthening their implementation and preventing circumvention." As Reuters notes, such language is a compromise: the northern and eastern member countries of the union insist on mentioning the new package in the statement, while Germany and the Netherlands offered to focus on the implementation of already imposed restrictions.

The Ministry of Finance proposed to determine the reserves of gold and platinum for the needs of mobilization Economics

On June 21, Bloomberg, citing Swiss customs data, reported that the country had imported Russian gold for the first time since the end of February. Switzerland imported about 3 tons of metal from Russia, which accounted for 2% of all gold imports. There are four large gold refineries in the country, together they process two-thirds of the world's gold. The agency notes that the majority of refineries (engaged in deep cleaning. -) refused to accept Russian metals after the London Bullion Market Association deprived six Russian plants of the status of suppliers of gold and silver.

Russian banks reduced gold reserves by 20% in two months Finance

On February 28, the Bank of Russia resumed buying gold on the domestic precious metals market after blocking its assets by the EU and the US . The regulator has not purchased it since March 2020. In mid-March, the Central Bank suspended purchases of gold due to increased demand for gold bullion among the population, but at the end of the month they resumed them again at a fixed price.

Pro I work a lot and spend little time with my child. Am I a bad parent? Pro Instructions For Depth: