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Import Bans

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EU Commission Plans Discussion on Broad Russia Sanctions Amid Ukrainian Conflict

Originally Published 1 year ago — by Reuters

Featured image for EU Commission Plans Discussion on Broad Russia Sanctions Amid Ukrainian Conflict
Source: Reuters

The European Commission is set to propose a 13th package of sanctions on Russia, which will not include new import bans but will feature hundreds of listings of entities and individuals. The package aims to cause minimal debate among member states for quick adoption, and will expand the list of Russian companies that EU firms cannot sell dual-use goods to. A 14th set of measures, potentially including new import bans, is expected to follow soon. Additionally, the EU plans to adopt a law to set aside windfall revenues from Russia's immobilized assets to fund Ukraine's reconstruction.

Ukraine's grain exports spark tensions with EU and allies.

Originally Published 2 years ago — by CNBC

Featured image for Ukraine's grain exports spark tensions with EU and allies.
Source: CNBC

Poland, Hungary, Slovakia, and Bulgaria have introduced temporary bans on Ukrainian grain imports and other agricultural products, citing unfair competition and trading conditions for local farmers. The move has angered the European Union, which has sought to help Ukraine maintain its exports as an economic lifeline for the war-torn country. Ukraine is one of the world's largest exporters of wheat, corn, and sunflower products, and a blockade on its ports by Russia last year led to global food price rises and shortages in some basic products.