European Union (EU) foreign and defence ministers meet on Monday to discuss imposing further sanctions on Moscow, especially whether to introduce an oil embargo. Trying to force a Russian military withdrawal from Ukraine, the European Union and its Western allies have already imposed a panoply of sanctions including freezing the Russian central bank’s assets.
The humanitarian crisis in the port city of Mariupol, where residents are besieged with little food, water and power, is increasing pressure on European leaders to toughen sanctions on Moscow.
“It’s unavoidable we start talking about the energy sector, and we can definitely talk about oil because it is the biggest revenue to Russia’s budget,” Lithuanian Foreign Minister Gabrielius Landsbergis said as he arrived at the Brussels meeting.
The credibility of the West was on the line, he said. We cannot get tired of imposing sanctions, we cannot get tired of bringing assistance and help to Ukraine,” he said.
United States (US) President Joe Biden arrives in Brussels on Thursday for summits with NATO’s 30 allies, the EU, and in a Group of Seven (G7) format including Japan, designed to harden the West’s response to Moscow.
Source: Reuters
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Source Link EU foreign ministers consider new sanctions on Russia