The President of the European Commission announces new sanctions on Russia.
During her visit to Kiev, Ursula von der Leyen, President of the European Commission, announced the European Union’s decision to impose new economic sanctions on Russia.
These sanctions include measures against companies operating outside the EU that circumvent sanctions, as well as additional import and export bans and tightening of oil-related prices.
In her speech to the Ukrainian parliament, von der Leyen noted that many in Europe have long held out hope for trade with Russia and its integration into the European security system.
But recent events have prompted the European Union to impose more sanctions on Russia.
Among the targeted measures are considering restricting trade in Russian diamonds, and passing laws to prevent the import of dual-use goods, which are materials that can be used for both civilian and military purposes.
These measures come within the framework of continuing sanctions on Russia over its involvement in the conflict in Ukraine, which began a long time ago and include a ban on imports of oil, coal, steel, gold and luxury goods, in addition to punitive measures against banks and financial institutions.