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MNI BRIEF: EU Bans Russian Gold Imports, Sberbank Transactions

(MNI) London
(MNI) Brussels

The EU has tweaked its sanctions against Russia, announcing a “wide and all-encompassing” ban on the import of Russian gold and on all transactions with Sberbank, Russia’s largest bank.

EU officials said that the sanctions changes are a refinement of existing measures, designed to align its existing sanctions with its G7 commitments and to close any loopholes.

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The EU has tweaked its sanctions against Russia, announcing a “wide and all-encompassing” ban on the import of Russian gold and on all transactions with Sberbank, Russia’s largest bank.

EU officials said that the sanctions changes are a refinement of existing measures, designed to align its existing sanctions with its G7 commitments and to close any loopholes.

Keep reading...Show less