EU approves ban on Russian coal

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EU approves ban on Russian coal
Russian President Vladimir Putin speaks at a meeting of the Russian Prosecutor General's Office Board in Moscow, Russia, 14 March 2017. File photo courtesy EPA

BRUSSELS: The European Union has approved a ban on import of Russian coal.

The European Union has announced new sanctions against Russia. According to the European Union, all 27 countries have approved a ban on coal imports from Russia. The ban on Russian coal was proposed by the commission.

The European Union (EU) has said it will not import coal, timber or other commodities from Russia.

France, on the other hand, has announced restrictions on the movement of Russian ships.

In addition to further sanctions against Russian banks and individuals, a ban on the export of some semiconductors, computers and other high-tech products has been approved.

Last month, Russian President Vladimir Putin had signed an order to pay Russian gas in Russian currency rubles from April 1.

Putin said contracts will be suspended if foreign companies do not make payments.

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Criticizing the United States, the Russian president said that the United States would try to solve its problems at the expense of others and would benefit from global instability.

Putin said the economic war against Russia began years ago, with sanctions aimed at undermining its development, and that Western sanctions were already in place. The West would try to find new reasons for sanctions, he said.

It is to be mentioned here that after the invasion of Ukraine by Russia, several European countries, including the United States and Britain, have already announced economic sanctions on Russia.

Yesterday, Russia had announced a major reduction in its aggression around the Ukrainian capital, Kyiv, and the city of Chernihiv.

According to the BBC, Ukrainian and Russian negotiators met for the first time in weeks in Turkey on Tuesday and resumed direct talks. Russia said it would reduce its aggression in Kyiv and other cities.

According to reports,  Russia’s deputy defence minister Alexander Fomin said Moscow had decided to “fundamentally reduce” operations to boost mutual trust in talks aimed at ending the fighting.

According to reports, during the peace talks in Istanbul, Turkey, Russian officials said that this decision will increase mutual trust and enable the talks to continue.