Despite the fact that the Trump administration may want to cancel sanctions against Russia to combine the agreement, its implementation depends on the EU approved.
The Donald Trump administration aims to achieve a Truce between Russia and Ukraine in the Black Sea, however, the implementation of the agreement depends on the softening of sanctions against Moscow. The final decision on this issue should be made by the European Union, however, according to diplomats, you should not rely on quick approval. Eraactiv reported it on Thursday, March 27.
Penalty as an obstacle
Under the terms of the agreement, which the Trump administration discussed this week, Russia agreed with a ceasefire, at the same time passed a number of ultimatums. In particular, the Kremlin insisted on restoring access to the Swift International Payment System for some of its banks, including Rosselkhozbank, that the Russian Federation agricultural sector financially financially.
Moscow said the penalties were complicated by exporting fertilizers and grains, but the EU in 2022 brought agricultural goods from the penalties, and Russia continued to exchanged them.
The European Commission emphasized that any impairment of penalties is possible only if the complete removal of Russian troops from Ukraine.
Position of the EU
The EU does not plan to change the policy of penalties until July, when the next vote should take place in expanding restrictions. Diplomats are afraid that even minor concessions in Moscow can gradually destroy the regime of penalties, as well as provoke a split between the USA and the EU in Kremlin techniques.
A major threat is the position of Hungary. He repeatedly opposed the penalties and used their extension as a trading tool. Experts note that prime minister Viktor Orban can take advantage of the situation and request the removal of penalties for Russian banks in exchange for supporting restrictions.
Can the US go around the EU?
In the theory, Washington can open accounts for Russian banks in the United States, which will allow them to work with the dollar without fast. However, this mechanism is complex and slow.
The Trump administration may also try to put pressure on Swift, but this system is based on Belgium and is obliged to observe penalties in Europe.
Brussels diplomats still maintain restraint. One of them, who responded to a request about the possible United States pressure, was noted: “I don’t think this will happen – at least, if we continue from the common sense.”
We reminded, earlier US secretary Marco Rubio said that Russia, among other things, needed raising penalties in Europe in exchange for silence in the Black Sea.
In this regard, Donald Trump said he was considering the terms of the Russian Federation under an agreement with a Truce with Ukraine in the Black Sea, including a slight lifting of penalties.
Meanwhile, French President Emmanuel Macron said all sanctions from Russia would only be raised if the Russian Federation retreated to the international recognized boundaries of Ukraine.
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Source: korrespondent
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.