EconomyEU announces direction of anti-Russia sanctions

EU announces direction of anti-Russia sanctions

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Flags with symbols of the European Union at the European Commission building in Brussels. archive photo

EU claims to provide clarity on international supply of Russian fertilizers

BRUSSELS, 25 November – RIA Novosti. Peter Stano, the official representative of the European Foreign Service, told RIA Novosti that the European Union, together with its partners, provided the necessary information to participants in the food and fertilizer trade, explaining that European sanctions do not apply to them.

Uralchem ​​head Dmitry Mazepin said in a previous meeting with Russian President Vladimir Putin that more than 260 thousand tons of fertilizers of the company were blocked in ports of Estonia, Latvia, Belgium and the Netherlands. In addition, Akron blocked 52,000 tons and Eurochem blocked nearly 100,000 tons of products. Mazepin explained that his company is facing the inability to pay freight due to restrictive measures.

“We have provided clarity to the industry and partners. This includes the UK General License, the US 6B General License and updated and detailed EU guidance. These provisions make it clear that banks, insurers, shippers and other players can continue. to provide food and fertilizer,” he said.

He reminded that initially the sanctions were not aimed at the agricultural products trade of the Russian Federation.

“They are not intended for trade in agricultural products and foodstuffs, including wheat and fertilizers, between Russia and third countries,” Stano said. said.

He repeated the EU’s position that the global food crisis could have been avoided had the conflict in Ukraine not flared up.

Source: Ria

Emma
Emma
I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.

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