European Union adopts fourth sanctions package against Russia

European finance ministers have formally adopted a fourth package of sanctions aimed at more than 600 Russian citizens, in what French Finance Minister Bruno Le Muire called a historic decision.

The “is the fastest, strongest package of sanctions ever adopted by the European Union in its history”, the ministers said.

The names of Russian individuals and subjects involved in the new round of sanctions have not been disclosed.

You will have a new ban on several exports such as luxury goods in the Russian state, the most favoured state clause within the World Trade Organization, which will allow us to raise the level of trade of 27 member states. Tarifat for all Russian goods”, Le Muire said.

Sanctions were expanded to include the key <x0oligarks, lobbyists and propagandists pushing the Kremlin's frame for the situation in Ukraine, as well as the leading companies in military aviation sectors and double use, shipbuilding and machinery”

When asked if there would be further sanctions, Le Muire said I can confirm that French President Emmanuel Macron stated last week that all options remain on the table. /