EU’s new sanctions on Russia will target industry, export controls – diplomat

Flags flutter outside EU Commission in Brussels

BRUSSELS – The European Union will impose new sanctions on Russia targeting industry, financial sectors and export controls over Moscow’s invasion of Ukraine, an EU diplomat said on Thursday.

“We want the biggest possible package, targeting industrial sectors, export controls, financials, maybe visa policy”, the diplomat said, adding that EU sanctions would target Russian oligarchs, especially those around President Vladimir Putin.

EU leaders will hold an emergency summit starting at 1900 GMT to discuss the sanctions, after Russian forces invaded Ukraine on Thursday in a massed assault by land, sea and air.

(Reporting by Kate Abnett)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota