The European Commission (EC) offered a new package of sanctions against Moscow, including the embargo on Russian gold imports, and extend them until next January, the EC said in the statement on Friday.
“Therefore, we are proposing today to tighten our hard-hitting EU sanctions against the Kremlin, enforce them more effectively and extend them until January 2023,” EC President Ursula von der Leyen said.
“Today’s package will introduce a new import ban on Russian gold, while reinforcing our dual use and advanced technology export controls. In doing so, it will reinforce the alignment of EU sanctions with those of our G7 partners. It will also strengthen reporting requirements to tighten EU asset freezes,” the European Commission noted.
