China News Agency, Brussels, December 7 (Reporter De Yongjian) The European Union announced on the 7th that it plans to implement the ninth round of sanctions against Russia. It plans to list more individuals and entities in Russia as sanctions targets and prohibit the export of drone engines to Russia.
According to a statement issued by European Commission President Ursula von der Leyen on the same day, the European Commission proposed to impose sanctions on nearly 200 Russian individuals and entities, such as government officials, parliamentarians, military personnel, military enterprises, etc., and freeze their assets within the jurisdiction of the European Union. , prohibiting them from entering the EU, and prohibiting citizens and entities of EU member states from providing funds to them.
At the same time, the European Commission proposed to impose sanctions on three banks including the All-Russian Regional Development Bank; to implement new export controls on military and civilian dual-use products such as important chemicals, nerve agents, electronic and information technology components; to further restrict Russia's energy and mining industries measure.
In the ninth round of sanctions, the European Commission also intends to "cut off Russia's use of drones and unmanned aerial vehicles", proposing to ban the direct export of drone engines to Russia and other countries that may supply drones to Russia.
According to the EU procedure, the European Commission's sanctions plan will then be sent to the EU member states for consideration, and the plan can only be implemented if the member states unanimously approve the plan.
Recently, as the winter is approaching, the European Union has accelerated the pace of sanctions against Russia.
On December 5, the European Union, the Group of Seven and Australia jointly implemented a price-limiting mechanism for Russian oil that came into effect.
The mechanism sets a price ceiling of US$60 per barrel for Russia's seaborne oil exports. If the price of Russia's oil exports exceeds the upper limit, companies from the European Union, the Group of Seven countries and Australia will not be allowed to provide insurance, financial and other services to Russia's oil exports.
The Russian side made it clear that setting a price cap on Russian oil will lead to a sharp rise in global oil prices.
Russia will not abide by the price cap of $60 per barrel, nor will it sell oil to countries that limit prices to Russia, but will only sell to those countries that are willing to cooperate on reciprocal terms.
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