The European Union will impose new sanctions on Russia. PHOTO/Reuters
KIEV – European Union plan to slap Russia with new sanctions ahead of the one-year anniversary of Moscow’s invasion of Ukraine. This was stated by the Chairperson of the European Commission, Ursula von der Leyen during a visit to Kyiv, Thursday (2/2/2023).
“We will introduce with our G7 partners additional price limits for Russian oil products, and on February 24 – exactly one year since the invasion began – we aim to implement the 10th package of sanctions,” von der Leyen said.
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The plan was revealed by von der Leyen during a press conference with Ukrainian President Volodymyr Zelensky. “The existing sanctions are “eroding” the Russian economy and throwing it back a generation,” he continued.
He estimates that the existing oil price cap alone costs Moscow around 160 million Euros every day. Von der Leyen arrived in Kiev with a team of commissioners, a day before a Ukraine-EU summit in the war-torn country.
“It’s great to be back in Kiev, the fourth time since the Russian invasion. We are here together to show that the EU supports Ukraine as firmly as ever. And, to further deepen our support and cooperation,” he wrote in a tweet.
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He was accompanied by 15 commissioners, including the head of EU foreign policy, Josep Borrell. The commission described the visit as a “strong symbol” of European support for Ukraine “in the face of Russia’s unwarranted and unjustified aggression.”
European Union countries have staunchly supported Ukraine since Moscow invaded on February 24 last year. The EU hit Russia with a wave of economic sanctions and by sending weapons to Kiev. In June last year, Ukraine was granted EU candidate status.