Home » How to close loopholes for Russia to circumvent sanctions: Ukraine proposed a mechanism

How to close loopholes for Russia to circumvent sanctions: Ukraine proposed a mechanism

by alex

Andriy Yermak/OP

Head of the Office of the President of Ukraine Andriy Yermak said that Russia will continue to look for loopholes to circumvent sanctions. However, Ukraine has a mechanism that will not give it such an opportunity.

The Russians will continue to look for loopholes to fill the budget with petrodollars in other countries,” the head of the Presidential Office wrote .

How to close loopholes for Russia to circumvent sanctions

Yermak said that, for example, such Indian oil companies as Indian Oil, Bharat Petroleum and Hindustan Petroleum decided to circumvent the sanctions.

In particular, they want to conclude a contract for the import of oil from Russia, which will be valid for six months. Rosneft intends to use non-sanctioned intermediaries for supplies.

Ukraine proposes an appropriate mechanism

The plan presented by a group of Ukrainian and international experts to strengthen restrictions against Moscow will block these opportunities.

< p class="bloquote cke-markup">In the sanctions plan of the McFaul-Yermak group, our allies are offered a mechanism of secondary sanctions, which will also allow intermediaries involved in sub-sanctioned companies to be subject to restrictions. he summed up.

Recall that the European Union is currently working on the sixth package of sanctions against the aggressor state. The restrictions will most likely include a certain ban on the import of Russian oil and the disconnection of a number of Russian banks from SWIFT.

You may also like

Leave a Comment