EU countries agree on new Russia sanctions, including coal embargo

Business 16:03 08 Apr, 2022

The package of sanctions was approved by the EU's Committee of Permanent Representatives

EU countries agree on new Russia sanctions, including coal embargo

European Union countries agreed on Thursday on a Russian coal embargo as part of a fifth round of sanctions against Russia over the war in Ukraine.

The decision comes amid allegations that Russian soldiers executed civilians in the villages and towns outside of Kyiv, Qazet.az reports.

The package of sanctions was approved by the EU's Committee of Permanent Representatives, the French EU Council presidency said in a tweet, with the Council set to be published tomorrow.

"This very substantial package extends the sanctions against Russia to new areas and provides in particular, sanctions against oligarchs, Russian propaganda actors, members of the security and military apparatus and entities in the industrial and technological sector linked to Russian aggression against Ukraine," the French EU Council presidency said.

It includes the freezing of assets of several Russian banks as well as a ban on exports to Russia including high-tech goods of up to €10 billion and the closure of EU ports to Russian-flagged ships.