EP Demands For Immediate Embargo On Importation Of Russian Energy Sources
![]() 250 Thursday, 07 April, 2022, 17:14 The European Parliament voted for an immediate and full embargo on Russian imports of oil, gas, coal and nuclear energy in light of the war crimes being perpetrated by Russia in Ukraine. In a resolution adopted on Thursday MEPs called for additional punitive measures, including “an immediate full embargo on Russian imports of oil, coal, nuclear fuel and gas”. The resolution went through with an overwhelming majority of 513 votes to 22 and 19 abstentions. According to EPP Vice President Siegfried Muresan, the EU pays Russia up to €800 million a day for the supply of fossil fuels – almost €300 billion a year. The Parliament also demands that this should be accompanied by a plan to ensure the EU’s security of energy supply, as well as a strategy to decrease sanctions if Russia “takes steps towards restoring Ukraine’s independence, sovereignty, territorial integrity within its internationally recognised borders and completely remove its troops from Ukraine”. MEPs insist that existing sanctions must be fully and effectively implemented throughout the EU and by the EU’s allies as a matter of priority. |
Elon Musk’s SpaceX selling shares possibly to finance Twitter bid
183Yesterday, 12:36The largest banks in Japan lost more than $2.7 billion due to anti-Russian sanctions
182Yesterday, 12:18EU sanctions deal could still be weeks away, Borrell says
25116.05.2022, 23:48McDonald's to sell its business in Russia
26016.05.2022, 15:18Japan bans exports of hi-tech goods to Russia starting from May 20
28913.05.2022, 10:24Sanctions forcing Russia to use appliance parts in military gear, U.S. says
44812.05.2022, 10:42Siemens to leave Russia due to Ukraine war, take hefty charge
25912.05.2022, 10:18Russia and Belarus define gas payment in rubles
28211.05.2022, 19:54