EU countries warn that anyone who helps Russia could leave the single market Global |: news

Twelve EU countries are calling on the bloc to step up its response to states and private companies flouting its sanctions against Russia. understands that Belgium, the Czech Republic, Estonia, Finland, France, Germany, Italy, Latvia, Lithuania, Romania, Spain and the Netherlands have drawn up a document calling for a strong new stance from the EU. because senior officials. prepare for the tenth set of sanctions against Putin’s regime;

The EU sanctions summit coincides with the one-year anniversary of Putin’s invasion of Ukraine on February 24.

The new measures could include restricting access to the EU’s single market if third countries or private companies are found to be violating sanctions against Russia.

This happened after Vladimir Putin announced that Russia was ending its participation in the nuclear non-proliferation treaty.

The so-called “New START” treaty was signed by Russia and the USA in 2010. It limits the number of long-range nuclear warheads they can deploy and restricts the use of missiles that can carry nuclear weapons.

Putin said in his main address on Tuesday that Russia is not yet fully withdrawing from the treaty.

He said that Russia should be ready to resume nuclear weapons tests if the United States does so.

More than 30 countries, including the US, EU countries, the UK, Canada, Australia, Japan and others, representing more than half of the world’s economy, have imposed price caps on Russian oil and diesel, imposed export controls, frozen Russian the center. Bank facilities and limited access to SWIFT, the world’s dominant financial transaction system.

“Although we have much more to do, we are succeeding in reversing the course of Russia’s budget and shrinking its military-industrial complex,” Adeyemo said.

Adeyemo’s defense of the effectiveness of sanctions follows that of President Joe Biden unannounced visit to Ukraine on Monday to meet with President Volodymyr Zelensky on Friday the Russian invasion.

“One year later, Kiev stands,” Biden said after meeting with Zelensky at the Mariinsky Palace. “And Ukraine is standing. Democracy stands. Americans are with you and the world is with you.”

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