The European Union's reservation on the announcement by the US President, Joe Biden's announcement of a ban on imports of Russian gold and a cap on the price of oil, was expressed by the President of the European Council, Charles Michel, on the sidelines of the summit in Bavaria.
"We are ready to go further into the details and to examine whether it is possible to target gold in a way that does not affect us," he said. Michel also expressed caution about the oil price cap on producer countries being discussed at the meeting.
"I am cautious and cautious. We are ready to go into details and take a decision together with our partners, but we want to make sure that what we decide will have a negative impact on Russia and not on us."
Source: APE-MPA
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