EU Fails to Agree on Additional Sanctions Against Russia Ahead of One Year Since Ukraine War Began
Disagreement Over Sanctions Exemption
[Asia Economy Reporter Lee Ji-eun] The European Union (EU) failed to reach an agreement on additional sanctions against Russia ahead of the first anniversary of the Russia-Ukraine war.
On the 23rd (local time), major foreign media outlets reported, citing multiple sources, that the 10th package of sanctions against Russia was not approved due to disagreements among EU member states.
One source stated that Poland opposed the exemption from sanctions on Russian synthetic rubber. Poland reportedly expressed concerns that the exemption was too broad and could reduce the effectiveness of the sanctions.
EU member states are scheduled to meet again on the morning of the 24th to find a compromise for a final agreement.
Earlier, the European Commission proposed the 10th sanctions package to member states, which includes export bans worth a total of 11 billion euros (approximately 15 trillion won) and sanctions on Iranian groups supplying weapons to Russia. Through these sanctions, the EU aims to block virtually all key component supply routes used by Russia in the Ukraine war.
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Originally, the EU planned to decide on the implementation of the sanctions by the 24th, marking the first anniversary of the war, but due to disagreements among member states, the implementation is expected to be delayed. The 10th sanctions package requires unanimous consent from all 27 EU member states to be enacted.
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