European Union countries are close to agreeing on a 12th package of sanctions against Russia, which would include a ban on the supply of diamonds of Russian origin and new measures to stop the flow of Russian oil. This was reported to Reuters on December 11 by sources.
The sanctions, which are expected to be approved by the end of the year, are aimed at punishing Russia for its actions in Ukraine and the annexation of Crimea. The sanctions will also target Russian businesses and individuals, as well as those who have provided support to the Russian government.
The package of sanctions is expected to include restrictions on the import of Russian oil and gas, as well as restrictions on the sale of Russian diamonds. The sanctions are also expected to target the Russian banking sector, with restrictions on the ability of Russian banks to access international markets.
The package of sanctions is part of a broader effort by the European Union to pressure Russia into changing its policies in Ukraine and to end its support for separatists in the region. The sanctions are also intended to send a strong message to Russia that its actions in Ukraine and the annexation of Crimea will not be tolerated.
The sanctions are also expected to have a significant economic impact on Russia, as the country relies heavily on oil and gas exports to Europe. The sanctions are also likely to have a negative effect on the Russian economy, as the country is already facing an economic recession.
The package of sanctions is expected to be approved by the European Union in the coming weeks, and it is likely to be implemented in the near future. The sanctions are expected to have a significant impact on the Russian economy, and it is likely to have a long-term effect on the country.
The sanctions are also likely to have a negative effect on the relationship between the European Union and Russia, as the sanctions are seen as a sign of the European Union’s disapproval of Russia’s actions in Ukraine and the annexation of Crimea.
The package of sanctions is an important step in the European Union’s efforts to pressure Russia into changing its policies in Ukraine and ending its support for separatists in the region. The sanctions are also intended to send a strong message to Russia that its actions in Ukraine and the annexation of Crimea will not be tolerated.
