{"id":275663,"date":"2024-06-20T10:31:26","date_gmt":"2024-06-20T10:31:26","guid":{"rendered":"https:\/\/hamslivenews.com\/?p=275663"},"modified":"2024-06-20T10:31:26","modified_gmt":"2024-06-20T10:31:26","slug":"eu-states-approve-14th-sanctions-package-against-russia-diplomats-say","status":"publish","type":"post","link":"https:\/\/www.hamslive.com\/news\/2024\/06\/eu-states-approve-14th-sanctions-package-against-russia-diplomats-say\/","title":{"rendered":"EU States Approve 14th Sanctions Package Against Russia, Diplomats Say"},"content":{"rendered":"

European Union countries<\/strong><\/a> have approved a 14th package<\/strong> of sanctions against Russia over its ongoing conflict in Ukraine<\/strong>. The new measures include a ban on the re-exports of Russian liquefied natural gas (LNG)<\/strong> within EU waters. Belgium, which currently holds the rotating EU presidency, announced on the X platform that the package aims to enhance the impact of existing sanctions by closing loopholes.<\/p>\n

Debate over the new sanctions lasted over a month, with Germany prompting the watering down of a proposal intended to prevent circumvention. The dropped measure would have required EU company subsidiaries<\/strong> in third countries to prevent the re-export of goods to Russia. Germany requested an impact assessment for the measure, which may be revisited later.<\/p>\n

While the LNG trans-shipment ban<\/strong> is the first of its kind, experts suggest it will have minimal impact, as Europe continues to buy Russian gas and trans-shipments to Asia via EU ports account for only about 10% of Russia\u2019s total LNG exports.<\/p>\n

For more latest news visit https:\/\/www.hamslive.com\/news\/\u00a0<\/strong><\/a><\/p>\n

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