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For. Aff. Rep Borrell-Being Neutral On Ukraine Is Being On Side Of Aggressor

EU

EU High Representative for Foreign Affairs and Security Josep Borrell this afternoon delivered an address to the UN Security Council. Select comments below:

  • "The EU is fully mobilised to keep Ukraine economically afloat and militarily able to defend its people, its territorial integrity and its democracy. And we call on every member of the UN, big and small, to help Ukraine by doing the same. In the face of aggression, no one can be neutral. Being neutral in this case means being on the side of the aggressor."
  • "Let me add here a word on sanctions and respond directly to Russian disinformation:EU sanctions are not the cause of food shortages. They only target the Kremlin’s ability to finance the military aggression – not the conduct of legitimate trade. EU sanctions do not prohibit the import and transportation of Russian agricultural goods, nor for fertilisers, nor for payment for such Russian exports. Furthermore, EU financial sanctions only apply on EU territory: we are against secondary sanctions as a matter of principle and law. So our measures do not affect the ability of third countries to purchase from Russia if they wish."
  • "[On] Iran, I am in permanent contact with all the parties to try arrange a return to the JCPoA and ensure its full implementation. The basic elements and terms to do this are known and on the table. And the time for decision is now."
  • "I agree with China that we will not want a world organised around opposing blocs. This would only bring greater insecurity."
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EM BulletFixed Income BulletsHomepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets

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