EU Moves Closer to New Russia Sanctions After Proposals Weakened
- Aim of measures is to close loopholes and boost enforcement
- Package has been in limbo due to member states’ concerns
This article is for subscribers only.
European Union member states are slowly moving toward an agreement on an 11th sanctions package over Russia’s invasion of Ukraine, as a number of proposals originally put forward by the bloc’s executive arm are set to be watered down.
Plans to ban ships transporting prohibited goods from entering EU ports are likely to be partly dropped, while restrictions relating to ship-to-ship transfers and vessels that switch off their navigation systems will include a grace period of about 30 days, according to people familiar with the latest legal texts under discussion.