EU (European Union) High Representative for Foreign Affairs Josep Borrell said yesterday that the sixth package of sanctions against Russia for its “unjustified aggression against Ukraine” will include the withdrawal of more Russian banks from the Swift international financial transaction system. and restrictions on the energy sector.
The European diplomat, visiting Panama, told a press conference that “two of the unfinished dimensions of the sanctions process that we are applying will be affected. In the banking sector, there will be more Russian banks that will exit Swift.”
“In the energy sector, we are working to prepare proposals to limit energy imports from Russia, especially in terms of oil,” added the EU representative.
According to the diplomat, so far, five sanctions packages have been approved, which include bans on financial and state entities, and on officials, officials and oligarchs linked to the Kremlin.
Although he avoided specifying the banks involved, European diplomatic sources indicated that the biggest Russian bank, Sberbank, which represents 37% of the market, will be on the list.
Borrell will participate today in a meeting with foreign ministers from Central America and the Caribbean to discuss the consequences of the conflict between Russia and Ukraine for the region.
The EU, which buys two-thirds of its oil from Russia, wants to cut funding for the Kremlin’s war plans. “My team, in the EU’s political committee on Foreign Affairs, is working to prepare the sixth package of sanctions. I believe that at the next Council on Foreign Relations (on the 16th) measures can be taken that significantly limit these imports,” said Borrell. .
“For this, the agreement of all member states is necessary. I am confident that, at least as far as oil imports are concerned, this will be possible until the next council,” said the official.