(MENAFN) According to Politico's article on Monday, which included unidentified European officials and diplomats, the European Union is getting ready to submit a fresh round of penalties on Russia.
The current round of actions, according to the sources cited by the news site, is going to include suggestions for further financial penalties against four Russian institutions, including Alfa Bank, the largest private lender in the nation.
Additionally, it is anticipated that Russian citizens would not be permitted to hold board positions in crucial European Union infrastructure corporations like gas and power networks.
Additional trade restrictions might be placed on the export of a variety of European Union products to Russia, including trucks and other heavy vehicles, construction equipment, pumps, and other machinery used in the construction industry, as well as imports of rubber and bitumen (an oil product) from Russia.
Additional export restrictions on electronic parts that Russia may employ to construct weapons are allegedly part of the deal. Russian diamonds may or may not be part of the shipment, according to the sources.
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