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EU foreign ministers could agree sanctions package on Tuesday, source says

Published 02/22/2022, 07:02 AM
Updated 02/22/2022, 07:06 AM
© Reuters. European Union's flags flutter at half mast in memory of late European Parliament President David Sassoli, in front of European Commission building, in Brussels, Belgium January 11, 2022. REUTERS/Yves Herman

BRUSSELS (Reuters) - EU ambassadors have been discussing a sanctions package on Russia consisting of four parts which could be agreed by the bloc's foreign ministers at a meeting later on Tuesday in Paris, an EU Commission source told Reuters.

© Reuters. European Union's flags flutter at half mast in memory of late European Parliament President David Sassoli, in front of European Commission building, in Brussels, Belgium January 11, 2022. REUTERS/Yves Herman

The package, proposed by the EU's executive Commission, includes banning the trade in Russian state bonds in the European market and kicking the break-away regions in eastern Ukraine out of a free trade deal between the EU and Ukraine.

It also comprises sanctions on several hundred members of Russia's state Duma who voted for the recognition of the break-away regions in eastern Ukraine, as well as on companies and banks involved in the financing of separatist activities in the these regions.

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