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    HomeWorldHungary and Slovakia block new EU sanctions towards Russia forward of summit

    Hungary and Slovakia block new EU sanctions towards Russia forward of summit

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    Hungary and Slovakia have refused to approve the European Union’s new 18th sanctions bundle towards Russia till the European Council assembly, the place EU leaders are anticipated to debate additional sanctions stress on the Kremlin.

    Supply: European Pravda correspondent, citing EU diplomats acquainted with the end result of the EU Committee of Everlasting Representatives (Coreper) assembly on 23 June in Brussels

    Quote: "Two delegations blocked the adoption of latest sanctions towards Russia till after the European Council assembly on 26 June."

    Particulars: The diplomat specified that the delegations in query have been from Slovakia and Hungary. Consequently, the approval of the EU’s 18th sanctions bundle towards Russia is presently stalled.

    One other supply said that on 23 June, the European Fee offered its newest revisions of the sanctions bundle to the ambassadors from EU states, which nonetheless embrace a proposal to decrease the worth cap on Russian oil.

    Quote: "Some delegations, the extra outspoken ones, wish to take away the proposal to decrease the oil value cap as a result of present state of the worldwide oil market, whereas others wish to retain it. Nonetheless, we’re very near an settlement."

    Extra particulars: The diplomat expressed hope that the remaining points can be resolved and the ultimate textual content submitted for Coreper’s approval by Friday 27 June.

    Background:

    • Earlier, European Pravda reported that the EU wouldn’t unilaterally scale back the worth cap on Russian oil from US$60 to US$45 per barrel, as this initiative was not supported by the Group of Seven.
    • It’s price noting that Hungarian Overseas Minister Péter Szijjártó has confirmed that Hungary and Slovakia have agreed to not help the EU’s plan for the 18th sanctions bundle towards Russia.

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