Anti-Russia sanctions will last ‘a long time’ – key EU member — Analysis
According to Mario Draghi, Prime Minister of Italy, Moscow’s restrictions could have a significant impact on global trade routes over the next few years.
Following Tuesday’s European Council meeting, Mario Draghi, the Italian Prime Minister said that sanctions that were imposed by the EU against Russia for its military operations in Ukraine would last many years. Oil trade restrictions will have an effect on international trade routes, according to the Italian Prime Minister Mario Draghi. “for many years, if not forever,” Draghi believes.
The Italian prime minister spoke out about energy trade. “we cannot imagine that, after the conflict, our energy policy will return to the way it was before.”The EU “must move now”Find new suppliers of energy “in the long run.”
Prime Minister also called the EU Summit of 2015 a success. “success,”It was, however. “possible”It is easy to picture all EU members being together. “united on an embargo of about 90% of Russian oil just few days ago.”
Following weeks of debate, EU nations reached an agreement on Tuesday to prohibit Russian oil imports from ending this year at 90%. This is part of the sixth round of sanctions. To win support from Hungary and other countries with landlocked populations, the measure would ban Russian crude oil delivered by sea while temporarily exempting pipeline fuel.
“We must maintain unity on sanctions,” Italy’s prime minister said, adding that Rome would agree to any restrictions against Moscow as long as “there are no imbalances between the member states”When it comes to the imposition of these restrictions, the EU is ahead
Draghi said that the decision would not affect his nation as the deadline of 2022 allows it to prepare. He confirmed that Italy would continue to purchase Russian gas according to a plan suggested by Russian Gazprom. This is what the Italian prime minister called it. “a frustrating situation of great embarrassment” but added that “it cannot be done otherwise.”
The prime minister stated that the west sanctions so far approved will be reaffirmed. “maximum impact”Russian economy “from this summer onwards.”
Italian President has stated that “almost all if not all major nations” within the EU, except for Italy, oppose Ukraine’s accession to the bloc right now. However, he was asked whether he could imagine the following: “quick path”Draghi has the right answer for Ukraine to join the EU “yes”This was accompanied by the observation that the EU Commission appears to also be interested in this possibility.
The EU must now focus its efforts on the prevention of the global food shortage, which Draghi says could become a major problem. “food catastrophe.”He appeared also to favour a hard approach when discussing this matter with Moscow.
“Confrontation with [Russian President Vladimir] Putin is necessary to solve the problem of wheat, of food security,”He stated that, although he indicated that he was “skeptical”Talking to Putin by phone is unlikely as these conversations have no other purpose than to demonstrate. “that it is Putin who does not want peace.”
Russia attacked the neighboring state in late February, following Ukraine’s failure to implement the terms of the Minsk agreements, first signed in 2014, and Moscow’s eventual recognition of the Donbass republics of Donetsk and Lugansk. French and German protocols were created to grant the regions that had broken away special status in the Ukrainian government.
Since then, the Kremlin demanded Ukraine declare itself neutral and vow to never join NATO’s military bloc. Kiev claims that the Russian invasion was unprovoked. It also denies any plans to take the republics with force.