A package of young people sanctions against her Russia after Putin’s decision on invasion of Ukrainewill be discussed by European leaders in Extraordinary meeting which will take place later today, the EU said in a statement. “The President of the European Commission, Ursula von der Leyen, will present one new package of measures which will be finalized by the European Commission and will be immediately adopted by the Council “, the announcement noted.
They claim Russia “to immediately cease hostilities, to withdraw its army from Ukraine and to fully respect the territorial integrity, national sovereignty and independence of Ukraine “.
“We condemn in the strongest terms possible unprecedented Russian military offensive against Ukraine. With its unprovoked and unjustified military actions, Russia blatantly violates international law and undermines European and global security and stability. We express our sorrow for the loss of lives and human suffering. “
“We call on Russia to immediately cease hostilities, withdraw its troops from Ukraine and fully respect Ukraine’s territorial integrity, sovereignty and independence. Such use of force and coercion has no place in the 21st century. “The EU stands firmly on the side of Ukraine and its people as they face this incomparable crisis,” the joint statement said.
The text recalls that “EU leaders will meet later today. European Council President Charles Michel has convened an emergency meeting of the European Council to discuss the crisis and further measures “against Moscow”, saying “there will be huge and serious consequences for Russia for its actions. President Ursula von der Leyen and High Representative Josep Borrell will discuss in detail the additional package of sanctions to be finalized by the European Commission and the EEAS in close coordination with partners. The[EuropeanCouncilwillapprovethemimmediately”[ΕυρωπαϊκόΣυμβούλιοθατιςεγκρίνειαμέσως»
“The EU will continue to provide strong political, economic and humanitarian assistance to Ukraine and its people,” concludes a text co-authored by Charles Michel and Ursula von der Leyen.
Berlin condemns Russia’s action
The German chancellor Olaf Solts talked to the Ukrainian president Volodymyr Zelensky today and assured him of Germany’s solidarity, said a spokesman for the German government.
“Germany strongly condemns this ruthless act of Russian President Vladimir Putin,” Solz said.
it is about a A “terrible day for Ukraine” and a “gloomy” day for all of Europe, added the German chancellor, whose country holds the rotating presidency of the G7.
«We have a land war in Europe, something we thought only existed in the history books. “This is a blatant violation of international law,” German Economy Minister Robert Habeck said in a statement.
“This attack will have serious political and economic consequences for Russia,” he added.
For her part, the German Foreign Minister Analena Berbock He noted that the international community will not forget this “day of shame” and noted that Germany will respond in cooperation with its partners.
Burbock added that she had convened a meeting of the German government’s crisis management team at 8:30 a.m. local time, and vowed that there would be a “reaction” to this “violation of the basic rules of international order”.
What does the first package of sanctions include?
The package of sanctions, agreed by European leaders on Wednesday, includes the following, according to the RES EIA:
Targeted restrictive measures
Within the existing framework for sanctions, the EU will extend the restrictive measures to cover and the 351 members of the Russian State Dumawho voted on February 15 in favor of an appeal to President Putin to recognize the independence of the self-proclaimed “democracies” of Donetsk and Luhansk.
In addition, targeted restrictive measures will be imposed on an additional 27 people and high-profile entities, which played a role in undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. These include decision makers such as members of the governmentwho participated in the illegal decisions, banks and businessmen/oligarchs financially or materially support or benefit from Russian activities in the Donetsk and Luhansk territories, senior militarywhich played a role in the invasion and destabilization actions and people who played a leading role in the war on misinformation against Ukraine.
Restrictive measures include freezing of assets and disposal ban funds to the individuals and entities listed. Furthermore, the travel ban on persons on the list prevents entry or transit through EU territory.
Restrictions on economic relations with government-controlled areas of Donetsk and Luhansk regions
The new measures will target trade from the two non-government-controlled areas to and from the EU, to ensure that those in charge will clearly feel the financial consequences of their illegal and aggressive actions.
Today’s decision will establish in particular ban on the import of goods from the non-governmental controlled areas of the Donetsk and Luhansk regions, restrictions on trade and investments related to certain economic sectors, ban on tourist provision services and export ban for certain goods and technologies.
Financial constraints
The Council decided to introduce a sectoral ban for the financing of the Russian Federation, its Government and the Central Bank. By limiting the ability of the Russian state and government to access EU capital markets and financial markets and services, the EU aims to limit funding for aggressive and escalating policies.
Source: News Beast
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