EU Braces for Tussle Over 12th Russian Sanctions Package
- Package could be presented as early as next month, people say
- New measures likely to include G-7 type ban on Russia diamonds
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The European Union is gearing up for a fight over what should be included in its 12th package of sanctions over Russia’s war in Ukraine, as the Group of Seven moves ahead with a plan to ban purchases of diamonds from Moscow.
The new measures, which could be presented as early as next month, would likely include the EU’s version of the upcoming G-7 ban and possibly a long-awaited proposal to use the profits generated by frozen central bank assets to aid Kyiv, according to people familiar with discussions.