32 minutes agoEU imposes new sanctions on Russia, prevents cryptovalut use
Periskopi(4 years ago)
(4 years ago)The European Union has announced more sanctions against Russia, including export bans on luxury goods, as well as hitting cryptovalut assets. EU Commission President Ursula von der Leeyen said the EU would take four measures to continue Russia's isolation and drain the resources it uses [...]
EU Commission President Ursula von der Leyen said the EU would take four measures to continue Russia's isolation and to drain the resources it uses to finance the war in Ukraine.
“First, we will deny Russia the status of the nation most favoured in our markets. This will undo the significant benefits Russia enjoys as a member of the WTO. Russian companies will no longer receive privileged treatment in our economies”.
“The EU will also work to suspend Russia's membership rights in key financial institutions, including the International Monetary Fund and the World Bank. We will make sure that Russia cannot receive funding, loans or any other benefit from these” institutions, said der Leenen, writes CNN, broadcast Klankosova.tv.
The G7 bloc, according to der Leyen, will ensure that the Russian state and its elites cannot use cryptova peace assets so that they can avoid sanctions, and also prevent export of EU luxury goods to Russia and import of iron and steel goods.
Earlier Friday, G7 countries announced they would take action to deny Russia the status of the so-called <x0-commercial favoured”, which would replay the benefits of Russia's membership in the World Trade Organisation.
Besides the announced plans, we will make further efforts to reduce our dependence on Russian energy, ensuring that we do so regularly and in ways that give the world time to provide alternative and sustainable supplies”.
In addition, private companies are leaving Russia at unprecedented speed. We stand by our companies demanding a regular withdrawal from the Russian market”, a statement of G7 countries said.
