RT.com
23 Sep 2022, 15:43 GMT+10
The restrictions will reportedly include a price cap on Russian oil and measures targeting the country's IT sector
A potential new round of EU sanctions on Moscow, the eighth so far, may include legislation on a price cap for Russian oil and target the country's tech sector, the Financial Times reported on Friday, citing sources.
According to the report, the package may also include more Russian individuals.
The new set of sanctions is expected to be formally proposed after European Commission officials discuss the measures with EU member states in the coming days.
However, the paper notes that there is some dissent on the nature and harshness of the proposal within the bloc. Poland and the Baltic states are demanding a tougher stance against Russia and are reportedly calling for more Russian banks to be disconnected from the SWIFT interbank payments system. They also want a ban on diamond imports and to restrict Russian and Belarusian IT services.
However, Hungary may be opposed to any new measures. Prime Minister Viktor Orban has already called for all existing EU sanctions to be scrapped.
European officials interviewed by the FT also indicated that any agreement on the proposals would be difficult to reach and more time was needed to work things out. All EU member states must approve the sanctions unanimously in order for them to be implemented.
European Commission President Ursula von der Leyen said on Wednesday that new restrictions are needed in response to Moscow's decision to start partial mobilization and to hold referendums in parts of Ukraine on uniting with Russia.
For more stories on economy & finance visit RT's business section
(RT.com)
Get a daily dose of Afghanistan Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Afghanistan Sun.
More InformationBRUSSELS, Belgium: The United States has withdrawn from the board of a U.N. climate fund designed to help poor countries deal with...
NEW YORK CITY, New York - A student of Columbia University, arrested for protesting against the carnage in Gaza, has been moved out...
LOS ANGELES, California: Los Angeles County, Pasadena, and other public agencies have sued Edison International and its subsidiary,...
WASHINGTON, D.C.: According to a report in the Wall Street Journal, former President Donald Trump is planning to sign an order to shut...
Already under siege, the heavily-blockaded Gaza Strip, housing more than two million displaced people, as well as the remaining Israeli...
WASHINGTON, D.C.: U.S. Secretary of State Marco Rubio has announced new visa restrictions. The policy will apply to foreign government...
People wait to break their fast during the holy month of Ramadan at a mosque in Kabul, capital of Afghanistan, March 9, 2025. (Saifurahman...
Tokmok [Kyrgyzstan], March 10 (ANI): The opening ceremony of the Joint Military Exercise Khanjar-XII, between special forces of India...
New York [US], March 10 (ANI): US President Donald Trump has sounded the alarm on nuclear dangers, warning that they pose a far greater...
(Photo credit: Taya Gray/The Desert Sun / USA TODAY NETWORK via Imagn Images) No. 2 seed Iga Swiatek of Poland and No. 4 seed Jessica...
Panama City — After weeks of lawsuits and human rights criticism, Panama on Saturday released dozens of migrants who were held for...
Karachi [Pakistan], March 10 (ANI): At least six people, including women and children, were killed after the roof of their house collapsed...