Germany pushes to plug Russia sanction gaps
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Loading... - Perseus Halkias
- 23 Feb 2023
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Germany will propose measures to close loopholes in EU sanctions against Moscow that are letting embargoed goods flow into Russia and feed its "war machine", the economy ministry said.
Berlin will push for the action to be a key part of an 11th EU sanctions package targeting Moscow following a 10th round to be announced Friday, the anniversary of Russia's invasion of Ukraine.
Export data has shown that embargoed goods are still arriving in Russia through third-party states despite the sanctions, the ministry said.
Under its proposal, companies would have to submit declaration forms detailing the end use of exports to third-party nations of goods that are key for the "Russian war machine".
"We are working together with our partners to ensure that deliberate violations of the obligation to submit truthful end-use declarations would in future be a criminal offence throughout Europe," according to the proposal seen by AFP.
Discussions are ongoing within the bloc to prevent certain companies in third countries from receiving sanctioned goods. Read More…
