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2.0 Politics
2.1 EU announce some details of the eighth package of
sanctions
The EU has released some details of a proposed eighth package of sanctions on Russia on September 28 that will include more details of the mooted oil price cap scheme but no ban on buying Russian diamonds, as well as a tightening on doing shipping business.
The draft measures will be considered by the 27 member countries before approval and subject to debate. No deadline has been set for the approval process which is expected to be difficult and member states are divided on the question of the oil price cap, depending on their dependence on Russian oil imports. EU leaders are next due to meet in Prague on October 6-7.
The new package is partly in response to the controversial referenda held by Russia in four Ukrainian regions over the weekend that are expected to result in Russia’s annexation of the regions sometime in the next two weeks. The
10 RUSSIA Country Report October 2022 www.intellinews.com