EU Commission President: "Strong Sanctions Package Ready if Russia Invades Ukraine"
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[Asia Economy Reporter Yoo Je-hoon] On the 4th, major foreign media reported that the European Union (EU) has prepared a "strong and comprehensive" sanctions package to be imposed if Russia attacks Ukraine.
According to the reports, Ursula von der Leyen, President of the European Commission, stated through the German media Handelsblatt and the French media Les Echos, "We have prepared a strong and comprehensive financial and economic sanctions package. This includes restrictions on access to foreign capital and export controls on technological products."
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President von der Leyen also emphasized that the Nord Stream 2 gas pipeline connecting Russia and Germany is part of the sanctions package, and that the operation of this pipeline depends on Russia's actions.
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