On Thursday the final political approval of the fifth package of sanctions against Russia for the invasion of Ukraine is expected to be given by the Permanent Representatives of the 27 member states in COREPER II.
On Wednesday morning, the ambassadors of the 27 proceeded with a technical elaboration of the Commission's proposals for a fifth sanctions package, and postponed its adoption to Thursday.
According to a statement from the French Presidency of the Council, the agenda for Thursday's COREPER II meeting includes the adoption of the sanctions, and the decision to refer them for final adoption by the Council through the written procedure.
It is recalled that the Commission's proposal as submitted to Member States provides for a ban on coal imports from Russia, a complete trading ban on four key Russian banks, a ban on Russian ships and Russian-operated ships in EU ports, targeted export bans to Russia in advanced technology sectors, new bans on imports from Russia in sectors such as timber, cement, seafood, alcoholic beverages, a ban on the participation of Russian companies CNA
Contents of this article including associated images are belongs Cyprus Times
Views & opinions expressed are those of the author and/or Cyprus Times
Source
