The EU has agreed on new sanctions against Russia. This means, among other things, that European countries are no longer allowed to import Russian gold. The import of gold jewelry is also no longer allowed.
Gold exports are an important source of income for Russia. The EU hopes the sanctions will allow the Russians to generate less revenue to finance the war against Ukraine.
The EU also clarifies some of the sanctions rules introduced previously. With this, Brussels wants to make it clear that the sanctions are not aimed at foodstuffs. Their exports are under pressure, causing huge food shortages, especially in Africa and the Middle East.
Clarifying the rules makes it clear that the sanctions are in no way aimed at the import or export of foodstuffs and fertilisers.
Brussels has imposed numerous other sanctions on Russia in recent months. For example, the assets of Russian banks in the West were frozen. Several assets were also seized, including property belonging to wealthy friends of President Vladimir Putin and luxury yachts.
Source: NU
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
