Russia faces more sanctions – Poland — Analysis

The Polish deputy foreign minister argued that Russia’s frozen assets should be confiscated

Pawel Jablonski, Polish Deputy Foreign Minister, stated that a new set of EU sanctions is being considered against Russia in relation to Ukraine.

Jablonski answered the Polish Press Agency’s question about the possibility of a new round of sanctions. “Of course.”

Jablonski added that the EU should confiscate frozen Russian assets and use them for Ukraine’s defense and recovery. “The work on the matter is already underway.”

According to the diplomat, more Russian banks such as Gazprombank should be removed form SWIFT’s global payment messaging network. Several banks, including Sberbank, Russia’s largest lender, have already been cut off from SWIFT.

Brussels announced its sixth sanction package on Friday. It includes an embargo on Russian oil shipped by sea. Such shipments represent 90% of the bloc’s total oil imports from Moscow. This allows Hungary to receive Russian oil via pipelines, which it heavily depends on.

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Jablonski stated that Poland is a good example of this. “putting very strong political and diplomatic pressure”During the sanctions debate, Hungary was mentioned. He said that exemptions and carve-outs are what makes the sixth package insufficient to affect Russia’s actions in Ukraine. President Vladimir Putin “could still spend money on the military and replenish resources on the frontline,”He said.

Another complaint was made by the diplomat that many companies were finding it hard to find work. “creative ways”To bypass sanctions “undermines the credibility of the European Union.”

Russia attacked Ukraine in late February following Kiev’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-brokered protocol were created to provide special status for the Ukrainian states that break away from the state.

Since then, the Kremlin demanded Ukraine declare itself neutral and vow to never join NATO’s military bloc. Kiev maintains that Russia’s offensive was not provoked and denies claims that it planned to seize the two republics.

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