EU to work with allies on Russian sanctions in Ukraine

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EU leaders have agreed to work with allies on possible sanctions against Russia in the event of a crisis invasion of Ukraine, and criticized the blocyo authorities for planning measures that could include cutting off Russian banks on the Swift global network.
Under pressure from the US to join Washington in warning of financial constraints against Moscow in an effort to prevent President Vladimir Putin from engaging in any form of hostilities, he agreed at a domestic conference in Brussels to find ways to avoid it, officials said.
The EU has tried to avoid public discussions about alternatives, controversies, and even putting real decisions on the table before deciding what to do – if any – Putin can take it. But a growing number of member states have called for a firm stand against Moscow, which has sent more than 100,000 troops to its southwestern border with Ukraine in recent weeks.
“Any military atrocities against Ukraine could have serious and costly consequences,” the leaders agreed at the conference, “including a series of counter-terrorism measures.”
They also agreed to continue promoting “diplomatic efforts, especially in the Normandy nation to achieve the full realization of the Minsk Treaty,” referring to the Russia, Ukraine, France and Germany peace treaty that had not yet been achieved in the war. eastern Ukraine.
The list of possible sanctions by Brussels officials includes cutting off Russian banks and the Swift network which facilitates the transfer of international currency, the rise of monetary restrictions that may make it difficult for Russian corporations to do business with the rest of the world, the people described briefly in the negotiations told FT.
Other measures to be taken include sanctions imposed by Russian secret banks, restrictions on the transfer of certain technologies to Russia – including those related to the electronics and pharmaceutical industries – as well as the mass appeals of many Russian oligarchs.
But German officials say no specific sanctions were discussed at Thursday’s meeting. He also said it was important to consider whether any sanctions could hurt the EU alone.
U.S. diplomats who shared the EU-Nato alliance last month reported on massive deployment of troops, tanks and electronic weapons at the border and warned that attacks could occur within weeks.
Jens Stoltenberg, NATO Secretary-General, he said Thursday that Russia has extended this deployment since the US warning. “We do not see any sign that the arrests are leaving or declining,” he said. “Instead, it just goes on and on.”
Several EU leaders used the talks on the Russia-Ukraine crisis – which took place without any phone calls or aids in recognition – to emphasize that Europe should play a role in resolving the crisis and not allow Russia and the US to control the elections. affected the security and safety of the continent, officials told FT.
US President Joe Biden, who held a telephone conference with Putin last week, said he was ready to continue the talks. Russia’s opposition to Ukraine’s aspirations of becoming a Nato member and its claim that the expansion of the alliance in Eastern Europe threatens Moscow.
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