EU countries plan more sanctions on Russia

  • 2022-09-30

BRUSSELS - European Union countries on Friday edged towards agreeing what would be the bloc's eighth round of sanctions against Russia for waging war against Ukraine, diplomatic sources told Reuters news agency.

The European Commission earlier this week recommended that the bloc imposes more trade curbs and individual blacklistings, and moves towards a price cap for Russian sea-borne oil deliveries to third countries, mostly insured by European companies.

The 27 EU countries' envoys to Brussels discussed the proposal on Friday and have given the green light for the plan. Several sources said they hoped for a final approval next week.

The 27 EU member states should achieve an unanimous support to sanctions. If the agreement is not reached, the matter will be handed over to the EU leaders' meeting on October 6-7.