EU has made significant progress in agreeing on the 18th package of sanctions against Russia – media
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EU countries have made significant progress in agreeing on the 18th package of sanctions against Russia. The new sanctions include a reduction in the ceiling price for Russian oil.
Reuters reported this, citing its own sources.
According to the publication’s sources, all key points of the sanctions package have already been agreed upon. Only one EU member has technical reservations, which will be lifted in the near future.
“A full agreement will be reached on Monday, ahead of a meeting of EU foreign ministers in Brussels,” a Reuters source said.
The package includes a dynamic pricing mechanism that will regulate the price of oil from Russia.
The initial cap price for Russian oil will be approximately $47 per barrel. This is 15% lower than the average market price of crude oil over the past three months.
It is noted that the price ceiling for Russian oil will be reviewed every six months.
Slovakia, which had previously expressed reservations about reducing Russian gas imports, eventually agreed to the new package after receiving assurances from the European Commission.
It is worth noting that the EU is preparing a new, unprecedentedly tough package of sanctions against Russia – the initiative was proposed by France and is being implemented in cooperation with American senators .
It was previously reported that Estonia will block the 18th package of EU sanctions against Russia if the introduction of a new price ceiling for Russian oil is removed from it .
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