Germany today again blocked the approval by European Union member states of the 14th package of sanctions against Russia.
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This was reported by the editor of Radio Liberty in Brussels, Rikard Jozwiak.
An agreement is due today, but Germany is not yet ready to give the green light. Negotiations will continue next week, wrote online journalist X.
The EU, in a new package of sanctions against Russia, plans to restrict 11 vessels that contribute to Russia’s ability to wage a full-scale war against Ukraine. Bloomberg wrote about this earlier in early May.
If the proposed measures are approved by member states, access to EU ports and anchor areas will be denied to ships, and the logistics for operating these ships will also become more difficult. The ban applies to insurance and technical assistance. European suppliers will also be prohibited from transshipping goods from ship to ship.
Among the vessels that will be subject to sanctions are four fuel tankers, two oil tankers, two gas storage facilities that are used in the Novatek PJSC liquefied gas transshipment project on the Kamchatka Peninsula, and a cargo ship.
New sanctions against Moscow were planned to be introduced at the beginning of the meeting of G7 leaders on June 13, but negotiations are being blocked by Berlin.
In particular, Germany is not satisfied with some of the new restrictions on circumventing EU sanctions, sources say. We are talking about introducing liability for foreign branches of companies for violating sanctions. Berlin is demanding that such liability be limited to certain categories of goods or abolished altogether due to concerns that branches of German companies could be held liable for violating sanctions against Russia.
In addition, Germany is demanding an end to new reporting requirements and is trying to ease restrictions on the use of Russia’s Financial Messaging System (created to replace the international SWIFT system) for exchanging financial information. According to the DPA, the new EU sanctions package will primarily be aimed at attempts to circumvent previously adopted sanctions.
Berlin also believes that German small businesses will suffer if measures are extended to non-dual-use products, such as chemicals or metalworking equipment.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.