European Union countries did not reach agreement on Wednesday about new sanctions against Russia, and planned more talks to have the package ready for the one-year anniversary of Moscow’s invasion of Ukraine on Friday, diplomats said.
The proposed package includes trade curbs worth more than 10 billion euros, according to the bloc’s chief executive, including a ban on EU imports of Russian rubber. It would also bar more EU exports to Russia of tech equipment and spare parts Moscow might use on the battlefield.
The Brussels-based executive also wants the 27 EU countries to better track Russian assets on their soil as the bloc seeks ways to use them to help rebuild Ukraine from the war. Some countries, however, pushed back against the spectre of facing fines for failing to report, according to the sources.
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