Ukraine War | The European Union still does not agree to ban purchases of Russian oil

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The countries of the European Union (EU) they have not reached an agreement this Sunday to ban oil imports from Russia in response to the war in Ukraine, because of the difficulties posed for some partners by their dependence on Moscow crude.

The meeting of the ambassadors of the Twenty-seven to the EU began at approximately noon and lasted for an hour and a halfexplain diplomatic sources, without the European capitals being able to unblock the reserves of countries such as Hungary, Slovakia or the Czech Republic.

The oil embargo continues to be the main difficulty for push through the bloc’s sixth package of retaliation against the Kremlin. The European Commission contemplates a generic withdrawal period that runs until the end of the year and gives one more year to Hungary and Slovakia for their dependence on imports of Russian crude by pipeline. Both countries consider it to be short and have announced their opposition. Them Czech Republic also joinedwho asked that it be three years.

Next week there will be new contacts

during the last hours “Very important progress” has been made on “most of the elements” that make up the package, but “there is still work” to achieve the agreement, the same sources specify.

The objective of the European club, therefore, is to continue with contacts “at all levels” on Monday to achieve “as quickly as possible” an agreement on the sixth package of sanctions.

In particular, on the guarantees sought by Budapest, Bratislava and Prague to ensure a sufficient supply of this hydrocarbon when they give up Russian crude, on which they are highly dependent through pipeline imports.

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The proposal of the Community Executive aims to ban imports of Russian oil into the EU and any possible technical assistance, direct or indirect, that is related.

Brussels proposes more sanctions on banks and individuals

In addition, to prevent Russian oil tankers from being able to dodge sanctions, the text calls for a ban on the transport of Russian oil in all its forms, including “ship-to-ship” cargo transfers from Russian ships to freighters of another flag.

On the other hand, Brussels proposes add Sberbank to the list of Russian banks excluded from the Swift international transaction systemthe largest in the country, as well as the Agricultural Bank of Russia, 100% owned by the State, and the Moscow Credit Bank.

Brussels has also proposed sanctioning individualssuch as the Russian colonel known as “Bucha’s butcher” or the patriarch of the Russian Orthodox Church, and a score of companies linked to the Ministry of Defense or the Russian Army, as well as three media outlets.

The G7 reiterates its commitment to reduce dependence on Russian energy

The G7 leaders reiterated, for their part, its commitment to reduce dependence on Russian energy, according to a joint statement distributed by the White House. “We commit to gradually eliminate our dependence on Russian energy, which includes eliminating or prohibiting the import of Russian oil,” said the G7, made up of the United States, Germany, Canada, France, Italy, Japan and the United Kingdom.

The leaders of the seven powers affirmed that the transition will be done in an “orderly” manner and with time for the world to find alternative supply routes. The United States, which is much less dependent than Europe on Russian energy, already announced in March a ban on imports of oil, gas and coal from Russia.

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The Ukrainian president, Volodímir Zelenski, also present at the meeting electronically, thanked the “solidarity” shown by the G7 in defense of its “territorial integrity” and considered that the results achieved with its leaders go “beyond a few general phrases”.

After the conference, The United States announced sanctions against 27 directors of the Russian bank Gazprombank, which is the main channel used by the Member States of the European Union (EU) to buy gas from Russia. Washington also took action against the Russian television networks Channel One, Rossiya and NTV, against the arms manufacturer Promtekhnologiya and against seven shipping companies.

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George Holan

George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.

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