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27 states -member states for the 18th package of sanctions against Russia reached an agreement. While they were nominated for more than a month, the package was blocked by Slovakia.
Slovak Prime Minister Robert Fito used the need for unanimous approval of sanctions as a lever of pressure in another battle, for the planned gradual abolition of Russian gas. In the video on Facebook on Thursday, he boasted that he imposed a veto on sanctions six times before receiving written guarantees from the commission this week to soften the possible increase in prices and disadvantages.
The Prime Minister said that he authorized his messenger to pave the way for sanctions today. “But shortly after this, the second stage of our battle with the European Commission on Russian Gas begins.” If the guarantee does not pass, he continued: “Then, with a smile on my face, I remind you that Brussels officials cut off from reality are already working hard in another useless bag.”
The 18th package includes new measures of energy, finance and trade.
First of all, the EU introduces a new dynamic mechanism for oil prices (cup), which will set the price 15% lower than the average market price of Russian raw oil. In particular, this means that the value will be reduced from 60 USSC to 47.6 US dollars/barrel.
In addition, a new ban on the transaction on the Nord Stream 1 and 2 has been introduced, and we add 105 new shades of the fleet.
The current ban on eliminating the displacement expands to a complete ban on the transaction. This is also limited to Russia’s access to dual use/advanced technology technologies.
“This is a very powerful message for Russia that Europe is on the side of Ukraine, along with partners and allies,” said Denmark’s diplomat.
A brief presentation of the elements of the 18th ray of measures:
Energy related measures:
* A decrease in prices for raw materials from $ 60 to US dollars to $ 47.6 per barrel as a result of the new dynamic OPC model, taking into account the current oil prices around the world and, therefore, reducing the revenue of the RU revenue from export export from the revenue of RU from oil to ensuring its effectiveness.
* A ban on the import of oil products produced by RU Mlow Oil received in any third country (with the exception of No, UK, US, CA, CH). This is aimed at reducing the gap that allows Russia to conduct indirect export of raw oil used for advanced purposes.
* The new ban on the Nord Stream 1 and 2 transactions, including the provision of goods or services, thereby preventing the completion, maintenance, operation and any future use of Nord Stream 1 and 2 pipelines (which do not work by 2022).
* Posts of the fleet -record: additional 105 ships, entered into the ban on access to ports and closures and supplies from the ship to the ship. This comes to adding to the recent duplication of the number of registered ships in the 17th package, raising the current number of registered ships to more than 400 (three Japanese ships were removed from the list).
Financial measures:
* Prohibition on transactions (Appendix XIV): Expanding the current ban on removal of SWIFT to a complete ban on transaction. There are 22 additional Russian banks for registration (almost doubleting this catalog).
* A ban on transactions in the Russian investment fund in investment (RDIF), its investment and financial institutions that support these investments to further restrict Russia’s access to world financial markets and foreign currency. 4 Russian organizations in which RDIF invested are registered.
* SPFS (Appendix XLIV): Reduce the threshold for registering third third -party financial and credit institutions related to SPFS.
* Reduce the terms of registration of third financial and credit institutions that cancel sanctions or support the Russian military machine (XLV). In this context, there is also a ban on transactions in third countries that bypass the prohibitions related to oil.
Commercial measures:
*Organizations involved in sanctions, or provide immediate or indirect support to the Russian Industrial Complex of Russia: 26 new lists, including 11 in the third countries outside Russia (7 in China, including 3 in Hong Kong and 4 in Turkey).
* Additional export prohibitions for further restriction of Russia’s access to technology/advanced dual use technologies, including CNC engines used in the military industrial system and located in the ISKANDER missile industry.
* The expansion of the transit prohibition include the selected economic critical goods (8 CODAS) used for construction and transport, and two of those who are directly related to the energy industry.
* The transfer of the embargo to the Council Regulations to reflect the provisions of the current decision of the Council after the recent ECC decision.
* Further species were added to the list of goods subject to export (Appendix XXIII), including machines, chemicals and some metals and plastics.