Wednesday Aug 17, 2022
Wednesday Aug 17, 2022

European Union proposes Russian coal ban in new sanctions


Nepalnews
AP
2022 Apr 05, 20:00, Brussels

The European Union’s executive branch proposed Tuesday a ban on coal imports from Russia in what would be the first EU sanctions targeting the country’s lucrative energy industry over its war in Ukraine.

European Commission President Ursula von der Leyen said the EU needed to increase the pressure on Russian President Vladimir Putin after what she described as “heinous crimes” carried out around Kyiv, with evidence that Russian troops may have deliberately killed Ukrainian civilians.

Von der Leyen said the ban on coal imports is worth 4 billion euros ($4.4 billion) per year and that the EU has already started working on additional sanctions, including on oil imports.

She didn’t mention natural gas, with consensus among the 27 EU member countries on targeting the fuel used to generate electricity and heat homes more difficult to secure.

The EU gets about 40% of its natural gas from Russia and many EU countries, including Germany — the bloc’s largest economy — are opposed to cutting off gas imports.

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