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Free AccessEU Joins Western Condemnation Of Missiles Supplies To Russia
EU High Representative for Foreign Affairs and Security Policy Josep Borrell has released a statementregarding accusations that Iran has supplied ballistic missiles to Russia for use in its invasion of Ukraine. Borrell says the EU "strongly condemns" the transfer, calling it "a direct threat to European security and [it] represents a substantive material escalation [in the conflict]."
- Borrell: The EU "has repeatedly strongly cautioned Iran against transfers", adding that the Union "will respond swiftly and in coordination with international partners".
- Indicating that the EU could mirror action by the US and E3 (France, Germany UK), Borrell says "This response is bound to include new and significant restrictive measures against Iran, the designation of individuals and entities involved with Iran's ballistic missile and drone programmes", and that the EU is also considering "restrictive measures in Iran's aviation sector".
- The statement comes several days after similar comments from the US and E3 that were coupled with immediate sanctions (see 'IRAN-West Imposes Sanctions Over Russian Missile Supply', 10 Sep 1659BST).
- The 'swiftness' of EU actions may be in some doubt, given that the next Foreign Affairs Council meeting, at which such decisions would usually be taken, is not scheduled until 14 October.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.