European Commission wants to ease sanctions against Russia, media reported

MOSCOW, 28 Sep — PRIME. The European Commission (EC) on Wednesday will put forward new anti-Russian sanctions, but at the same time will offer to mitigate a number of existing restrictions, Politico reports citing sources.

The expert spoke about the effect of Western sanctions on Russia

According to the publication, the agency will propose lifting the ban on the export of fertilizers, cement and other products from Russia.

At the same time, the EC will inform EU members about a new package of sanctions, including a cap on Russian oil prices.

Western countries have introduced tough restrictive measures against Russia in connection with a special operation in Ukraine. The sanctions also affected the energy sector. Against this backdrop, Europe is faced with an intensifying energy crisis, rising fuel prices and a shortage of raw materials.

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In early September, the finance ministers of the G7 member countries agreed to limit the price of Russian oil. As noted, the initial level of price caps will be adopted on the basis of technical aspects and may be revised in the future. In addition, it is allowed to introduce additional measures to ensure the effectiveness of the introduced measure.


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