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The allies Ukraine wants a complete ban on Russia’s exports Related articles

Ukraine’s allies are considering a complete ban on exports to Russia. Bloomberg reports. There has long been talk of new sanctions on Russia, which manages to circumvent the existing sanctions in various ways. It is not yet clear which goods fall under this ban, but a total ban will hit hard, thinks Heleen of de Linden, a sanctions lawyer at Rechta Advocatuur. “Then it will destroy every place in Russian society.”

According to plans, the EU, the US, Canada and Japan would like a complete export ban. This would mostly be aimed at technical products, says Van der Linden. ‘Agriculture and food are already reasonably covered by the current sanctions. This is aimed at anything to do with technology.’ This mainly concerns goods for the automotive industry, aviation chips and also household appliances.

According to Van der Linden, Putin will certainly notice a complete export ban. ‘I’ve always been optimistic about the impact of the sanctions, any package will work, but the Russians won’t say so easily. But they will feel very much in favor of a complete export ban.’

Billions

Billions of euros of goods continue to go to Russia. It would be nice if it ended. We do not want Putin to continue this terrible war. The more we can get into his wallet, the better,” says Van der Linden.

“I don’t know if it will be a complete export ban, but the sanctions will be tightened and the possibilities of evading sanctions will also be addressed,” Van der Linden points out.

Ring road

For example, a lot of oil is now being exported to China and India. “There is a lot of talk in the Russian media about circumventing sanctions. But now it is also being said for the first time that this will become more difficult,’ says Van der Linden. The new sanctions package is expected to share some features with the current oil embargo. “The ban will also affect all types of transport services. A vessel carrying oil that has been sold above the applicable price limit has become an infected vessel. Business can be done with that.’

Ukraine’s allies, including the United States, want a near-total ban on exports to Russia. (ANP/Zuma Press)

Author: John Luke
Source: BNR

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