German concerns delaying EU’s latest Russia sanctions
Sanction
Brussels, June 13, 2024 (dpa/NAN) Berlin is bogging down negotiations on the latest EU sanctions package intended to prevent Russia from circumventing existing punitive measures imposed over the war in Ukraine, dpa has learnt.
Diplomats in Brussels said German concerned and requesting for changes were a decisive factor in the delay of the latest Russian sanctions package.
They said it recently felt like Germany had become the new Hungary, referring to Hungarian Prime Minister Viktor Orbán, who has repeatedly delayed decisions on Russia sanctions at EU level.
A spokesman for Germany’s permanent representation to the EU did not comment on the negotiations when asked by dpa on Thursday, saying that the discussions among the advisers of member states were confidential.
The latest planned EU punitive measures were aimed at preventing the circumvention of existing sanctions, with Russia’s defence industry currently still able to benefit from Western technology.
The technology that would help produces weapons for war in the neighbouring Ukraine.
For the first time, the EU also plans to impose strict sanctions against Russia’s multi-billion-dollar liquefied natural gas (LNG) industry.
According to diplomats, the European Commission is looking to bar the shipment of Russian LNG to third countries from EU ports such as the one in Belgium’s Zeebrugge.
The hope being this would reduce Russian LNG profits and thus available investments for the war in Ukraine.
German reticence mainly concerns the planned measures aimed at preventing sanctions circumvention, according to EU diplomats.
Among other things, Berlin is calling for a planned rule for subsidiaries to be held liable in the event of violations to be limited to certain goods or cancelled altogether.
This is amid apparent fears that German companies could be held responsible for sanctions violations. (dpa/NAN) (www.nannews.ng)
COO/EAL
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Edited b y Cecilia Odey/Ekemini Ladejobi
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