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- EU's von der Leyen: EU to ban Russian coal imports, to work on sanctions on oil imports
EU's von der Leyen: EU to ban Russian coal imports, to work on sanctions on oil imports
European Commission President Ursula von der Leyen on Tuesday said that the atrocities committed by the Russian military in Bucha and other areas from which they have recently withdrawn cannot and will not be left unanswered, reported Reuters. It is important to sustain the utmost pressure on Russian President Vladimir Putin and the Russian government at this critical point, she continued.
The EU will thus impose an import ban on coal from Russia, worth roughly EUR 4B per year, von der Leyen announced, adding that the EU would also be imposing a full transition ban on four key Russian banks, including VTB Bank. She also announced that the EU will ban exports worth EUR 10B per year of advanced semi-conductors and would ban the imports of wood, cement, seafood and liquor, worth EUR 5.5B per year.
The EU is working on additional sanctions, including on oil imports, she noted.
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