search

EU proposes to unblock Russian bank funds to boost food trade

Illuistrative: From left, Serbian foreign minister Nikola Selakovic, Foreign Affairs Minister of Montenegro Ranko Krivokapic, Albanian Minister of Europe and Foreign Affairs Olta Xhacka, EU Foreign Policy Chief Josep Borrell, Foreign Minister of Bosnia and Herzegovina Bisera Turkovic, Macedonia's Foreign Minister Bujar Osmani and Foreign Affairs Minister of Kosovo Donika Gervalla pose for the Western Balkans family picture after a meeting of EU foreign ministers at the European Council building in Brussels, Monday, May 16, 2022. (AP Photo/Olivier Matthys)
Illuistrative: From left, Serbian foreign minister Nikola Selakovic, Foreign Affairs Minister of Montenegro Ranko Krivokapic, Albanian Minister of Europe and Foreign Affairs Olta Xhacka, EU Foreign Policy Chief Josep Borrell, Foreign Minister of Bosnia and Herzegovina Bisera Turkovic, Macedonia's Foreign Minister Bujar Osmani and Foreign Affairs Minister of Kosovo Donika Gervalla pose for the Western Balkans family picture after a meeting of EU foreign ministers at the European Council building in Brussels, Monday, May 16, 2022. (AP Photo/Olivier Matthys)

The EU is preparing to carve out exceptions in its tough sanctions against Moscow that would unblock assets at Russian banks linked to trade in food and fertilizer, a document shows.

Member countries “want to make it abundantly clear that there is nothing in the sanctions that is slowing the transport of grain out of Russia or Ukraine,” an EU diplomat tells AFP on condition of anonymity.

We have a new, improved comments system. To comment, simply register or sign in.

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed