“We also discussed supporting the Ukrainian people and state to mobilize funding capacity and humanitarian aid,” he added.
President of the European Commission Ursula von der Leyen said new EU sanctions against Russia would hit 70 percent of Russia’s banking sector, a major state-owned company, and take away access to modern technology from Russia.
“First, this package includes economic sanctions that will limit Russia’s access to key capital markets. We are now aiming for 70 percent of Russia’s banking market. But also major state-owned companies, including in the defense sector,” von der Leyen said. after the Extraordinary EU Summit.
The European Council has agreed on new restrictive measures that will have massive and serious consequences for Russia in its actions in Ukraine.
“These sanctions cover the financial sector, the energy and transport sectors, dual-use goods, export controls and export financing, visa policy, additional lists of Russian persons and new listing criteria,” the European Council said in a statement.
During Russia’s ongoing military operation in Ukraine, the UN Security Council’s (UNSC) vote on the resolution is scheduled for Friday’s UN schedule.
However, Moscow may veto the proposal, CNN reports.
President of Russia Vladimir Putin On Monday, the breakaway regions of Ukraine – Donetsk and Luhansk – were recognized as independent entities. Putin later ordered special military operations to “protect” people in the Donbass region.
Leaders of several countries, including Britain, the United States, Canada and the European Union, have condemned Russian military operations in the Donbas region.
Source: ANI
Source: The Nordic Page