EU High Representative for Foreign Affairs Joep Borrell has predicted that the new 12th package of sanctions against Russia could be approved and presented this week.
Borrell stressed that the 12th package of sanctions will include more listings, new export bans, among them diamonds, actions to tighten the oil price cap in order to reduce the revenue that Russia is receiving.
"We are finalizing the final details of this package. It will be drawn up with a Council decision, which will then adopt the relevant decisions, and a Council regulation, which will provide guidance to member states on how to implement these decisions. This Council regulation can be approved on Wednesday with a joint proposal that I and the European Commission will present to the Council," said Borrell.
According to foreign media, the new package may include more than 100 individuals and 40 legal entities. There are also discussions about banning the employment of Russians in so-called sensitive sectors and repatriating Russian assets to the EU. (A2 Televizion)
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