“Victory for Italy within the safety of companies” –

The Council of the EU has adopted the 14th package deal of sanctions in opposition to Russia for aggression in opposition to Ukraine. The measures – explains the Council – are designed to focus on high-value sectors of the Russian economic system, reminiscent of vitality, finance and commerce, and make it more and more tough to evade EU sanctions. Intimately, as we speak’s package deal contains restrictive measures in opposition to one other 116 individuals and entities accountable for actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine. Moreover, with a view to be certain that EU services should not used to transship Russian liquefied pure gasoline (LNG) to 3rd international locations, thereby lowering the numerous income that Russia derives from the sale and transport of LNG, the EU will ban Russian LNG refilling companies within the EU territory for the needs of transhipment operations to 3rd international locations. This covers each ship-to-ship and ship-to-shore transfers, in addition to reloading operations, and doesn’t have an effect on imports however solely re-exports to 3rd international locations by way of the EU. Moreover, the EU will ban new investments, in addition to the availability of products, applied sciences and companies for the completion of LNG tasks below building, reminiscent of Arctic LNG 2 and Murmansk LNG. Restrictions are launched on the import of Russian LNG by way of EU terminals not linked to the pure gasoline system.

After the announcement got here the place of International Minister Antonio Tajani: “The sanctions package deal as we speak makes an important resolution on the difficulty of firms working in Russia, we now have two instances, Ariston and Unicredit, as we speak the precept passes that there will be compensation, the authorized foundation passes, and it is a vital victory for Italy which fought for this, we now have 200 firms working in Russia in compliance with the sanctions, we now have the obligation to guard them. Then – commented the chief of Forza Italia – we’ll see the place the funds might be discovered”.

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