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Key FactsEU Plans New Measures Against Russia
May 15 · Reading time: ~45 sec.
Summary created with AI assistance · Source: aljazeera.com
Summary created with AI assistance · Source: aljazeera.com
- The EU is developing plans to maintain pressure on Russia through trade tariffs and capital controls, even if Hungary vetoes the extension of sanctions.
- The 17th sanctions package aims to weaken Russia's economy, but past measures have failed to stop its military actions.
- Additional measures like capital controls and tariffs on enriched uranium are being considered to reduce reliance on Russian energy.
- Analysts doubt that these new measures will compel Putin to sign a peace agreement, as existing sanctions are already extensive.
We must prepare to expand devastating sanctions that could suffocate, once and for all, Russia’s economy.— Jean-Noel Barrot, France’s foreign minister, acknowledged the insufficient impact of sanctions on Russia.
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