The European Union proposes to ban real estate transactions in the territory of the union with citizens, residents and legal entities of the Russian Federation within the framework of new sanctions against Russia, Bloomberg reports with reference to a document on the planned sanctions.
“The proposal of the European Commission provides for the termination of real estate transactions with Russian citizens, residents and legal entities, prohibiting the sale or transfer, directly or indirectly, of “ownership rights in real estate located in the territory of the Union, or shares in collective investment enterprises providing access to such real estate,” the agency writes.
The proposed ban applies to Russians who are not EU citizens and do not have a residence permit in the union countries. The measure does not apply to those who have citizenship or a residence permit in the European Economic Area or Switzerland.
Bloomberg notes that the measure itself will come into force if the corresponding proposal is approved by EU member states this week.
Earlier on Wednesday, the head of the European Commission, Ursula von der Leyen, said that among other sanctions proposed by the European Commission are the disconnection of three Russian banks, including Sberbank, from the SWIFT international payment system, a ban on broadcasting in the EU of three major state-owned Russian television channels, as well as a ban on providing Russian companies of services of a number of European specialists. In addition, the EC is proposing a phase-out of Russian oil imports, which von der Leyen said should take six months and be completed by the end of 2022.
The European Commission will soon submit a report on the readiness of Moldova, Ukraine and Georgia to join the European Union, European Council President Charles Michel said.
“We discussed in detail the issues of EU enlargement a few months ago, at the conference in Versailles. After that, three countries applied for accession. We made a decision very quickly, instructing the European Commission to carry out work and prepare reports on these countries. We made a decision in a few days, although it usually took 8-9 months. By the end of June, the European Commission will publish this report, and we will decide how to proceed further,” Michel said at a joint press conference with Moldovan President Maia Sandu during a visit to Chisinau.
He stressed that the EU will continue to act promptly.
“We will act immediately to strengthen ties with Moldova, Ukraine and Georgia, to support them in the current difficult situation. This will be a political process in the context of how we see the development of the European Union. In the next two months, we will give a clear signal of what we want to enlarge the European Union,” the President of the European Council said.
For her part, Moldovan President Maia Sandu stressed that “European integration is the choice of the country, the choice of the people.” “On April 22, we submitted to Brussels the first part of our responses to the European Commission’s questionnaire. In the near future we will also pass on the second part. We understand that integration into the EU is a long process, we are not looking for short and easy ways. We intend to continue reforms. Most importantly – peace is needed for this, everything must be done to restore peace,” Sandu stressed.
The European Commission (EC) has proposed to suspend for one year the collection of import duties on all Ukrainian exports to the European Union, the EC communiqué said on Wednesday.
“I discussed with President Zelensky ways to support the economy, in addition to the macro-financial assistance and grants that we provide. We both agree on the critical importance of a quick and wide suspension of import duties to boost the economy of Ukraine,” European Commission President Ursula von der Leyen was quoted in the message.
According to her, the suspension of duties “will greatly facilitate the export of Ukrainian industrial and agricultural goods to the EU.” She promised continued economic assistance to Kyiv.
The EC proposal also provides for the suspension for one year of all EU anti-dumping and safeguard measures in force against Ukrainian steel exports. This move, explained in Brussels, is designed to help increase Ukraine’s exports to the EU, which will alleviate the plight of Ukrainian producers and exporters in the current situation in the country.
“The EU has never before taken such trade liberalization measures, which are unprecedented in their scope: giving Ukraine access to the EU market with zero tariffs, zero quotas,” said Valdis Dombrovskis, Executive Vice President of the European Commission.
The European Commission points out that in the difficult conditions of the situation in Ukraine, the European Union wants to do everything possible to help the country “maintain its trade positions with the rest of the world and further deepen its trade relations with the EU.”
Brussels also reports that the EU is taking measures to facilitate land transport of goods to help export Ukrainian products outside the country. Thus, the European Commission has already begun liberalizing the conditions for Ukrainian truck drivers transporting goods between Ukraine and the EU, as well as actions to facilitate transit and use the EU infrastructure to direct Ukrainian exports to third countries.
The European Union is allocating an additional €50 million in humanitarian aid to support Ukrainians in need, according to the EU Humanitarian Projects Office.
“The EU is allocating another 50 million euros in humanitarian assistance to support Ukrainians in need. This new funding will provide emergency medical services, safe drinking water, shelters, cash assistance, support in the fight against gender-based violence,” reads a statement published in Sunday on twitter.
Later, the head of the European Union Delegation to Ukraine, Matti Maasikas, specified that the new aid package from the EU would be aimed at meeting the most pressing humanitarian needs.
Representatives of the European Union met with representatives of the Cabinet of Ministers of Ukraine in Kyiv to discuss the application for EU accession, Head of the EU Delegation to Ukraine Matti Maasikas said.
“The best possible start to my first official working day back in Kyiv. Meeting with Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna, representatives of the European Commission for Neighborhood and Enlargement, the EU Delegation to Ukraine and the Cabinet of Ministers of Ukraine on the questionnaire, the basis for the EU Commission forthcoming opinion on Ukraine’s EU membership application. Working 24/7 as tasked by Ursula von der Leyen,” he said on Twitter.
As reported, President of the European Commission Ursula von der Leyen handed over to President of Ukraine Volodymyr Zelensky a questionnaire for joining the EU on April 9.
The President of the European Commission, Ursula von der Leyen, handed over to the President of Ukraine Volodymyr Zelensky a questionnaire for joining the EU.
“Here we have intersecting roads, your road to the EU begins, this is already a close path. I will give you this folder, this questionnaire, here are the questions, you need to answer them. These are formal recommendations,” Leyen said at a press conference with President of Ukraine Volodymyr Zelensky in Kyiv on Friday.
Leyen stressed that Ukraine’s place is in the European family.
“We are with you in your dreams of Europe. I want to say very clearly: Ukraine has a place in the European family. We heard this statement from all your people, and we give you a positive answer to your request. This folder contains a very important stage of your arrival to this family. This is the basis for our discussions in the coming weeks,” she said.
In addition, the President of the European Commission stressed that this process will not last for years, as usual, but only weeks.
“Whatever the result, Ukraine has a very big step to recover, because Russia is brazenly destroying the infrastructure of Ukraine, the city of Ukraine. Therefore, we want to work together with you to reform Ukraine, restore Ukraine. This will positively determine Ukraine’s path to the EU “, Leyen also said.
She explained how the process usually takes place. “After a country submits an application, the Council of the EU decides that the Commission should issue its conclusion. Usually, it takes years. In the case of Ukraine, we are talking about weeks. We handed over our questionnaire, it will be filled in negotiations between Ukraine and the EU. This will be a picture of what is happening in the country, whether the country meets the Copenhagen criteria,” she said.
According to Leyen, Ukraine and the EU have agreed and committed that they will work on this important step to get all the answers to these detailed questions.
“It’s not just one question that determines our conclusion, there are a lot of questions that need to be answered. We want to work shoulder to shoulder in order to paint a picture of the country and the path to Europe. After that, the Commission issues its conclusion, which is recommendation to the Council of the EU and after that the Council is already deciding on the next steps,” she said.
