EU readying new slate of sanctions against Russia over ‘barbaric’ invasion

By AP 14 March 2022, 7:24 pm

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European Union foreign policy chief Josep Borrell speaks during a press statement at EU headquarters in Brussels, February 27, 2022. (Stephanie Lecocq,Pool Photo via AP)

The European Union’s foreign policy chief says the 27-country bloc is finalizing its new round of sanctions against Russia for its “barbaric” invasion of Ukraine.

Josep Borrell says that the fourth package of coercive measures would target Russia’s market access, membership in international financial institutions, and steel and energy sectors.

“We are listing more companies and individuals playing an active role in supporting the people who undermine Ukrainian sovereignty,” Borrell says, after talks in Skopje on Monday with North Macedonia’s Prime Minister Dimitar Kovachevski. “This would be another major blow (to the) economic and logistic base upon which the Kremlin is building the invasion.”