EU leaders set to extend Russia sanctions for twice as long as usual
The EU is already talking about the next, 22nd sanctions package (Photo: Getty Images)
The European Union on Thursday, June 18, will agree to extend sectoral sanctions against Russia for a year, rather than six months as had been the norm, said Radio Free Europe/Radio Liberty correspondent Rikard Jozwiak, according to his post on X.
"The idea is that EU leaders tomorrow will agree to extend anti-Russian sectoral sanctions for 12 months, not 6 as has always been the case so far. Seems like have no objections. The formal extension will take place for the first time later in the summer," the journalist wrote.
As is known, the main blow of the anti-Russian sanctions in the 21st package is aimed at the aggressor's energy sector, which helps it finance the war in Ukraine.
21st sanctions package against Russia
The new 21st package of EU sanctions against Russia was presented by the European Commission on June 9.
It includes measures against Russian energy, banks, trading and fishing companies, and the restrictions will also affect financial services and cryptocurrencies.
The EU is also continuing measures against Russia's shadow fleet.
In addition, the European Commission wants to ban former Russian combatants from entering the European Union.
Now the 21st sanctions package against Russia must be reviewed and unanimously approved by the EU Council.
The main goal of the energy-sector sanctions is to curb Russia's oil revenues, including by freezing the price cap on Russian oil.
RBC-Ukraine reported that at the G7 summit, leaders agreed to increase pressure on Russia through energy-sector sanctions.
All details about the 21st package of anti-Russian sanctions from the European Union can be found in the RBC-Ukraine article.