Oil, steel, diamonds, caviar and vodka from Russia will fall under EU sanctions


The legal prohibition applies only to “non-contentious” commercial services, so that Russians still have the right to representation in EU courts. Read on RBC Pro Pro Four reactions to fear that will only increase it Articles Pro No worries: practical techniques for managing stress Instructions Pro 9 out of 10 cases due to sales manager mistakes meditation Video Pro Why Adobe buys Figma and why it pisses off investors and users Three Scenarios When Something Went Wrong Articles
Shipping companies and insurers will be prohibited from handling Russian oil unless its purchase price per barrel is “at or below a predetermined price cap set by the Price Cap Authority”. Sanctions may include a ban on EU citizens from holding senior positions in large Russian state-owned companies, as well as a ban on providing accounting, architectural, engineering, information and legal services to Russian firms and individuals. The list also includes artists Yulia Chicherina, Oleg Gazmanov and Nikolai Rastorguev, who supported Russia's actions in Ukraine. The White House is also considering shutting down more Russian banks from the SWIFT global financial messaging system, imposing export controls on a wider range of goods needed by the economy, and imposing sanctions on more state-owned companies. It included restrictions against oil, steel, timber, diamonds and other goods from Russia ” media=”(max-width: 320px) and (-webkit-min-device-pixel-ratio: 2), (max-width: 320px) and (min-resolution: 192dpi)” >Oil, steel, diamonds, caviar and vodka from Russia
In addition to the previously announced plans to impose restrictions on the price of Russian oil, the new EU sectoral sanctions package may include the diamond mining company ALROSA, caviar, vodka and cigarettes, and the philosopher Alexander Dugin and artists Yulia Chicherina, Oleg Gazmanov, Nikolai Rastorguev may be subject to personal sanctions.. Sanctions will hit ALROSA but spare the rest of Russia's diamond mining sector, the newspaper writes. Authors Tags Subscribe to RuTube RBC RuTube channel

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On the eve of The Wall Street Journal reported that the administration of US President Joe Biden is preparing its own new series of economic sanctions, seeking to tighten the “financial cordon” around the Russian economy. It also contains a ban on imports of Russian vodka, caviar, cigarettes and cosmetics. This is reported by the publication EUObserver, which got acquainted with the internal documents of the EU on the preparation of sanctions. The European Commission has developed a new package of sanctions against Russia, which should satisfy all 27 participating countries. The proposals are due to be discussed by EU ambassadors and a final decision made on Friday, September 30. The sanctions list is planned to include the Russian Deposit Insurance Agency, the Mir National Payment Card System, the National Clearing Center and the National Settlement Depository. In addition, it is planned to introduce a full a ban on imports of Russian steel, from industrial coils to sewing needles, as well as all forest products, including wood, pulp and paper, as part of an EU trade embargo worth €7 billion. Dugin was listed because he called on Russian President Vladimir Putin to create a “Russian-dominated totalitarian Eurasian empire that includes Ukraine by historical , religious and geographical reasons». Most of the 29 individuals who are planned to be included in the sanctions list— these are “little-known officials” who participated in the organization of referendums. The commission's proposals have been crafted to appeal to all 27 EU capitals, following consultations over the weekend, the newspaper notes. The EU Commission and the Foreign Service put forward these ideas on September 28 in response to “Russia's plan to annex parts of Eastern Ukraine.” after the referendums.