The EU authorities blocked the assets of 29.5 billion euros of individuals and organizations included in the sanctions lists for the Russian Federation and Belarus, according to a press release issued by the European Commission on Friday.
“More than half of EU Member States have reported asset freeze measures to the European Commission. They have reported a €29.5 billion asset freeze, including yachts, helicopters, real estate, and €6.7 billion worth of art,” the report reads. document.
It also refers to the blocking of relevant transactions in the amount of 196 billion euros.
The press release clarifies that such measures are being taken within the framework of the working group created by the EU in March to block the assets of sanctioned persons and structures. The European Commission recalled that on Friday the members of the group are meeting with representatives of the United States and Ukraine to discuss cooperation in this area and that such meetings will continue to be regular.
The President of the European Commission (EC), Ursula von der Leyen, announced on Tuesday proposals for new sanctions of the EU’s fifth package against Russia.
“The ban on coal imports from Russia worth 4 billion euros per year, which cuts another important source of income for Russia. A complete ban on transactions with four key Russian banks, including VTB, the second largest Russian bank,” the report said. statement of the head of the EC, published on Twitter.
BAN, BANKS, EU, IMPORT, RUSSIAN COAL, SANCTIONS, TRANSACTIONS
The Council today adopted legislative amendments making it possible for member states to redirect resources from cohesion policy funds and the Fund for European Aid for the Most Deprived (FEAD) to assist the refugees escaping the Russian military aggression against Ukraine. The total amount of assistance will be EUR 17 billion.
“The swift amendment of the legislation on EU funds is a clear statement of the EU’s continued solidarity with the refugees from Ukraine and with the member states hosting them, in particular those sharing borders with Ukraine, ” a communique of the European Council, distributed on Monday, reads.
“This is an important step in ensuring member states have sufficient resources to meet the growing needs for housing, education and healthcare, ” the press release reads.
SPAR International and SPAR organizations in Europe are helping to solve the issue of employment for Ukrainians who had to move to European countries due to the war, according to a company release.
The company is currently accepting applications (temporary and long-term) from displaced Ukrainian citizens in the 17 EU countries where SPAR operates.
The applications consolidate information about the places of residence of internally displaced persons, the level of language proficiency and professional skills. As reported in the release, SPAR pan-European HR directors are united in an international working group to coordinate applications and place retail specialists from Ukraine in their network.
Founded in the Netherlands in 1932, SPAR International Grocery Store operates over 13,000 retail outlets in 52 countries. Since 2017, the network has been developed in Ukraine by the investment group VolWest Group (Lutsk). The network has 68 stores.
Kazakhstan will not be a tool to circumvent US and EU sanctions against Russia, Timur Suleimenov, First Deputy Head of the Presidential Administration of Kazakhstan, said.
In an interview with Euractiv, he called the purpose of his visit to the EU “to demonstrate to our European partners that Kazakhstan will not be a tool to circumvent sanctions against Russia by the US and the EU.”
“We will comply with the sanctions. Despite the fact that we are part of an economic union with Russia, Belarus and other countries, we are also part of the international community. Therefore, the last thing we want is for Kazakhstan to be subject to secondary US and EU sanctions,” he stressed. Suleimenov.
“We will do our best to control the sanctioned goods. We will do our best to control any investment in Kazakhstan by individuals or organizations that are under sanctions, and this is what we wanted to openly convey to the Europeans,” he said.
During the summit of the leaders of the European Union and China, which will be held on April 1, the main topic of discussion will be the war waged by Russia against Ukraine and its negative impact on the global security, economic and trade systems.
This was announced by the European Commission on the eve of the summit.
“Given the severity of recent developments, discussion during the summit is expected to focus on Russia’s unjustified and unprovoked aggression against Ukraine and its negative impact on the rules-based system, global security and economy,” the press release said.
In addition, the EU and Chinese leaders will review a comprehensive bilateral agenda between Brussels and Beijing, including trade and investment relations, climate action, digital technology, human rights, post-pandemic economic recovery, and regional issues.
The summit will be held in the format of a videoconference. The EU will be represented by the Presidents of the European Commission Ursula von der Leyen and the Presidents of the European Council Charles Michel, with the participation of High Representative Josep Borrell, China – Prime Minister Li Keqiang.
