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EU adopts embargo on imports of Russian gold

Froze assets at Moscow's largest bank

20 July, 18:55
(ANSA-AFP) - BRUSSELS, JUL 20 - EU countries on Wednesday targeted Russian gold exports and froze assets at Russia's largest bank in an update to the sanctions imposed to punish Moscow for its invasion of Ukraine. "The main goal is to align with G7 partners, reinforce the implementation and close the loopholes where necessary," the Czech government, which holds the EU's rotating presidency, tweeted. The EU has so far approved six packages of sanctions on Russia. The last one passed in June imposed a ban on most Russian oil imports. As she proposed the measures to member states last week, EU commission president Ursula von der Leyen said the measures would help enforce earlier sanctions more effectively and extend them until January 2023. "Moscow must continue to pay a high price for its aggression," she added. (ANSA-AFP).

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