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Roula Khalaf, publisher of the FT, selects her favorite stories in this weekly newsletter.
The EU has prepared sanctions against Vietnamese, Turkish, and Serbian companies that accuses Russia to evade seizures, in the 17th package of block measures against Moscow since the Ukrainian large -scale invasion.
The proposed sanctions also lead to 149 oil trucks in the “shadow fleet” of the Kremlin and around 60 individuals and companies in Russia and China, they told The Financial Times four people who know the initiative.
The measures aim to maintain pressure on Moscow, while Europe fears that United States President Donald Trump UkraineAfter having given little success so far in his efforts to hit the fire.
Some senior EU officials also see that the proposal is a way to test the Hongari Prime Minister Viktor Orbán to accept additional sanctions, ahead of a critical vote in July, where Budapest could end all the economic measures against Moscow.
Hell He has threatened to veto the roll of all EU sanctions against Moscow, before he finally accepted his continuation. But diplomats say that Trump has strengthened Orbán’s resolution to use his veto after U.S. President was asking for peace from Ukraine and renewed economic ties with Russia.
The package, which was shared with EU capitals on Tuesday and that ambassadors will be discussed on Wednesday, must be approved by the 27 EU members and could be modified.
Recent EU sanctions packages have sought to strengthen the existing economic restrictions and nearby roads to evade these measures through third countries.
The 17th package aims at more than 20 new companies that are considered to help Russia evade sanctions, according to officials. About a dozen are in third countries, including the Arab Emirates United, Turkey, Serbia, Vietnam and Uzbekistan. It would be the first time a Vietnamese company has been sanctioned by Brussels to help Kremlin.
Serbia, a country of EU adherence, has been strongly convicted of Brussels and many Member States to deny itself to aligning its sanctions in Russia.
The package also adds several dual-use goods that have possible military applications, such as chemicals and machines-eine components, to a list of banned exports in Russia. Asks for an exemption from the Sakhalin project in Russia, a crucial oil and gas supplier for Japan, which will be expanded until June 2026.