“The Chairman of the Financial Committee of the Verkhovna Rada Danilo Getmantsev revealed the details of a new, 18th EU sanctions package against Russia. This time, restrictions are focused on several key components. He wrote about it in a telegram. The restriction package is focused on the following key components: reducing Russia’s energy revenues: reducing the marginal price for cheese oil with $ 60. up to $ 47.6 and the introduction of automatic and”, – WRITE ON: ua.news
The Chairman of the Financial Committee of the Verkhovna Rada Danilo Getmantsev revealed the details of a new, 18th EU sanctions package against Russia. This time, restrictions are focused on several key components.
He wrote about it in a telegram.
The restriction package is focused on the following key components:
- Reduction of the marginal price for cheese oil with $ 60 up to $ 47.6 and the introduction of an automatic and dynamic mechanism for its revision in the future: the marginal price will always be 15% lower than the average market price for cheese oil of the brand of Urals in the previous 6 months;
- The ban on the Transaction for North Stream 1 and North Stream 2 – No EU operator can make any transactions on the Nord Stream Pipelines.
- prohibition on the import of oil products obtained from Russian raw oil;
- Another 105 ships (total 444 vessels) of the Russian shadow fleet are now included in the EU list, which provides forbidden access to ports and receiving services;
- Freezing of assets, traveling prohibitions – throughout the chain of creating a shadow fleet, which will apply to both Russian and international companies that control the vessels of the shadow fleet, traded raw oil, as well as the main client of the shadow fleet – the Oil Production Plant in India.
- transformation of a ban on the provision of specialized services of financial exchange of reports with some Russian banks into a full ban on transactions (applies to 23 financial institutions of Russia, against which sanctions have been imposed earlier);
- 22 Russian banks (now on the list 45) have been added to this ban on the exchange of messages;
- extension of transactions for transactions for third -country financial operators, including cryptoactive suppliers that help to bypass sanctions;
- a new transaction prohibition against the Russian Direct Investment Fund (RFPI), its subsidiaries, investments and financial institutions that support them;
- Prohibition on providing key types of banking software.
- restrictions on additional advanced technologies;
- Further export prohibitions corresponding to almost 2.1 billion euros of exports in 2024.
In addition, it is worth mentioning 55 additional lists aimed at the military-industrial complex in order to limit Russia’s military potential, supply chains for him (including China companies that supply goods used in the war, as well as 8 Belarusian companies).
- The 18th package adds 26 organizations to the list of those who provide direct or indirect support to the Russian MIC or deals with the sanctions: 15 Russian companies, as well as 4, registered in Turkey and 7 in China/Hong Kong;
- Transit prohibition is expanded by adding 8 combined nomenclature codes (KN) from the list of economically critical goods used for construction and transport, two of which are directly related to the energy industry;
- The package introduces a special general provision to solve the risk of bypassing sanctions through third countries related to the export of advanced technological goods, which will provide member states with an additional tool for stopping and investigating suspicious deliveries and preventing the circumference of sanctions.
The package also provides measures to protect the EU Member States from arbitration. New measures are aimed at resolving the risk of economic damage from investment arbitrations initiated by the Podancial Persons in connection with EU sanctions. These measures provide additional protection of Member States from claims related to sanctions, in accordance with their bilateral investment agreements (grandfather).
Hetmantsev thanked the European partners for the additional restrictions imposed against the aggressor state and its deeds, and greeted information about the start of work on the 19th package of sanctions.
On July 18, the European Council approved the 18th package of economic and individual restrictive measures against Russia. The sanction restrictions apply to the energy, banking and military sector of the aggressor, as well as the responsibility for continuing aggression against Ukraine. In addition, the Council agreed on further measures for Belarus.
The spokesman of the Russian dictator Putin Dmitry Peskov said that the Kremlin will analyze the 18th package of EU sanctions to minimize its consequences. The Russian Federation has long been adapted to restrictive measures.
