“We are toughening our sanctions to keep maximum pressure on the Kremlin. The new package includes a ban on coal imports. And I think that measures on oil, and even gas, will also be needed sooner or later,” Michel posted on Twitter.
Earlier, President of the European Commission Ursula von der Leyen outlined the peculiarities of the EC proposals on the fifth round of sanctions against the Russian Federation over its invasion of Ukraine.
According to her, the fifth package of sanctions, which “will cut even deeper in the Russian economy”, has six main pillars, including import ban on coal from Russia, worth EUR 4 billion per year to cut another important revenue source for Russia.
On February 24, Russian president Putin started a full-scale invasion of Ukraine. Russian troops shell and destroy infrastructure, massively fire on residential areas of Ukrainian cities, towns, and villages using artillery, MLRS, and ballistic missiles.
The European Union, the United States, and other countries have imposed strong sanctions on Russia as an aggressor state.
Photo: Twitter account of Charles Michel
