The executive branch of the European Union on Wednesday, May 4, proposed the toughest package of sanctions against the Russian Federation for the war in Ukraine, but several countries prevented the achievement of agreements.
Bulgaria, Hungary, Slovakia and the Czech Republic expressed their concerns about the oil embargo at a meeting of representatives of 27 EU governments.
This is reported by the news agency Reuters.
As writes the edition, the ambassadors of these countries have expressed concern that stopping the supply of oil will not give them enough time to adapt.
It is noted that an agreement on sanctions against Russia could be reached at another meeting on Thursday or later this week.
The proposal of the head of the European Commission requires unanimous support from the 27 EU countries in order to enter into force. It includes a six-month phase-out of supplies of Russian crude oil and refined products by the end of 2022. It is also proposed to ban in a month all shipping and brokerage services, insurance and financial services offered by EU companies for the transportation of Russian oil.
As reported, on Wednesday, May 4, the head of the European Commission presented the sixth package of sanctions against Russia for its military aggression against Ukraine. Among the restrictions are the oil embargo, the disconnection of several more Russian banks from SWIFT, and the ban on state news broadcasters of the Russian Federation.
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