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FRANCE: Macron To Discuss New Sanctions Against Russia With Other Leaders

RUSSIA

French President Emmanuel Macron told Frace 5 TV channel that he will discuss fresh sanctions against Russia in a series of phone calls with U.S. President Biden and other European leaders on Tuesday.

  • Macron backed a full embargo on Russian coal and oil, while noting that some European countries heavily depend on Russian gas imports.
  • He said that France is not one of those countries, but stressed that that the "European market is interconnected."
  • The President refused to draw any clear red lines for Russia, arguing that this would effectively make France party to the conflict.
  • Macron said that his dialogue with Putin has stopped after the discovery of Russian war crimes in Bucha and other Ukrainian towns but he refused to rule out renewed talks in future.
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EM BulletHomepagePolitical RiskEmerging Market NewsPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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