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Europe could ban Russian coal imports

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The measures had been introduced Tuesday by European Fee President Ursula von der Leyen and nonetheless want the approval of all 27 EU member states. The bloc has already imposed 4 rounds of sanctions geared toward punishing Russian President Vladimir Putin and his authorities for ordering the invasion of Ukraine.

“Russia is waging a merciless and ruthless warfare in Ukraine, not solely in opposition to its courageous troops but additionally in opposition to its civilian inhabitants,” she informed reporters. “It is very important maintain utmost stress on Putin and the Russian authorities at this level.”

“We are going to impose an import ban on coal from Russia value 4 billion euros [$4.4 billion] per yr,” she added.

If authorized, the coal ban would be the first coordinated embargo by the European Union on the huge vitality exports that energy Russia’s financial system and generate a whole bunch of billions of {dollars} in income every year.

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