Is the eighth round of sanctions on Russia?The EU's "magnifying trick" this time: It is involved in the voting of Russia or cancel the veto of one vote for member states!

Author:Daily Economic News Time:2022.09.23

According to CCTV Finance quoted Reuters on September 22, the foreign minister of the EU countries is considering the eighth round of sanctions on Russia, and at the same time considering the voting of member states when it comes to voting in Russia.

Photo source: CCTV Finance "The first time"

It is reported that the foreign ministers of the European Union are considering implementing a new package of sanctions on Russia, including imposing the upper limit of the Russian oil export, tightening high -tech products and luxury goods exports to Russia, prohibiting imports of Russian diamonds, and incorporating more Russian officials into them in Sanctions list, etc.

The European Union is expected to announce the sanctions plan next week and may officially finalize relevant measures in October. However, there are still differences in the EU in terms of sanctions on Russia. For example, Hungarian Prime Minister Olban Victor said on the 22nd that the EU should cancel all sanctions on Russia. If sanctions are canceled, energy prices will decline, and inflation in European countries will be relieved. EU officials have confidence to reach a new round of sanctions.

The EU's major decision -making procedures adopt the principle of consistent consultation. The countries that hold different opinions are likely to adopt one vote veto and delay the sanction plan to reach an agreement within the European Union. Joseph Berry, a senior representative of EU foreign affairs and security policy, said he was convinced that EU member states could reach an agreement on new sanctions.

Joseph Berry, a senior representative of EU foreign affairs and security policy: I believe that we can negotiate and take new sanctions on Russia. Sources said that in order to enable the sanctions to be implemented as soon as possible, the EU may discuss in the next few weeks to cancel the possibility of a veto of a member state when reviewing sanctions against Russia.

Photo source: CCTV Finance "The first time"

According to CCTV News, since the conflict between Russia and Ukraine, the European Union has imposed 7 rounds of sanctions on Russia. On August 31, local time, German Federal Foreign Minister Berbak said that the EU was negotiating on the eighth round of sanctions, and Russian oil exports could be the focus of sanctions.

According to the news disclosed by German media on the same day, the eighth round of sanctions will be mainly targeted at Russian energy, especially oil exports.

The sanctions are likely to set the upper limit of Russian oil exports. On the one hand, it will prevent continuous rise in energy prices, and on the other hand, it avoids Russia from obtaining huge income from high oil prices.

Earlier, EU countries have promised to gradually get rid of oil imports from Russia: starting from the end of 2022, EU member states should no longer buy crude oil from Russia.

In addition, according to Chinanews.com, the Chairman of the European Commission Feng Delin has stated that the EU's sanctions on Russia will continue due to the Russian -Ukraine conflict. "I have to say very clearly that sanctions will continue."