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EU agrees sixth package of sanctions against Russia

At the same time, its approval and entry into force will continue for some time, the President noted.

The European Union has agreed on the 6th package of sanctions against Russia, which provides for a significant restriction of oil imports from the Russian Federation.

He said this in his evening video message President of Ukraine Volodymyr Zelensky.

“Finally, we have specifics regarding the sixth sanctions package of the European Union against Russia for this war. The package has been agreed. Its approval and entry into force will take some time. But the key elements of the package are already clear, and most importantly, its direction,” Zelensky said.

Thus, according to the President, the European countries have agreed to a significant restriction of oil imports from Russia.

“And I am grateful to everyone who worked to achieve this agreement. The bottom line is minus tens of billions of euros that Russia will now be unable to channel to finance terror,” he stressed.

The sixth package of sanctions against the Russian Federation: what is known

4 May European Commission President Ursula von der Leyen introduced the sixth package of sanctions EU versus Russia, including an oil embargo and the disconnection of Sberbank from SWIFT.

Against the introduction of a ban on the supply of Russian oil Hungary is in favor.

May 29 Bloomberg citing sources reportedthat the European Commission suggests that the EU countries refuse to import Russian oil by sea, at the same time postponing restrictions on its import from the key Druzhba pipeline.

Subsequently European Union agreed on a partial embargo on Russian oil.

The agreement to ban the export of Russian oil to the EU covers more than 2/3 of oil imports from Russia, reducing a significant source of funding for its military machine.

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In addition, the new package of European sanctions includes cutting off the Russian Sberbank from the SWIFT international interbank system, blocking the broadcast of three more Russian state broadcasters in the EU, and imposing sanctions on those responsible for war crimes in Ukraine.

Today, the head of the European Council, Charles Michel, said that sanctions against Russia could June 1st or 2nd.

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