Parliament wants tougher enforcement of EU sanctions against Russia | News – www.europarl.europa.eu

9 Nov, 2023

www.europarl.europa.eu

In a resolution adopted on Thursday, Parliament voices its alarm over existing loopholes in the EU’s sanctions regime against Russia. While highlighting the unprecedented nature of the EU’s restrictive measures, MEPs are concerned about the lack of proper enforcement and attempts to undermine the effort to strategically weaken the Russian economic and industrial base, and hindering the country’s ability to wage war.

With the resolution pointing to Russia’s ability to circumvent measures, such as the price cap on oil sanctions introduced by EU member states and the so-called Price Cap Coalition, it also notes that EU imports of petroleum products made with Russian oil from countries such as India have soared, essentially creating a backdoor route for the Kremlin’s oil into the EU. MEPs also highlight how critical Western components still find their way to Russia via countries like China, Türkiye, the United Arab Emirates, Kazakhstan, Kyrgyzstan and Serbia. They express…

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