Slovak Prime Minister Robert Fico said on Thursday that his country would eliminate the blockade of a new European Union approval package against Russia.
Slovakia was organizing a package of the 18th European Union sanctions against Russia over concerns about a separate European Union plan to prevent gas imports from Russia starting in 2028.
FICO: ‘Counter Property’ to continue blockade of European Union restrictions
Any new restriction package requires unanimous approval from all 27 European Union member states.
Fico said in a video posted on Facebook, “At this point, it will have to continue to block the 18th ban package tomorrow.” Hey said Slovakia received a guarantee from the European Union related to gas prices and supply.
Fico stated that “further communication is required” to ensure Slovakia’s energy security.
European Union Ambassadors are expected to meet the package on Friday to greenlite the package on Friday. Earlier this week, the previous attendants for new leave during a meeting of the European Union Foreign Minister in Brussels.
What is the details of the 18th European Union’s approval package on Russia?
The 18th European Union’s approval package targeted Russia’s energy and banking sectors.
The restrictions will prevent European Union operators from using Russian North Stream pipelines that extend from Russia to Germany. Therefore, the measures will spread the hat of oil priced from $ 60 (€ 52) to $ 6 to $ 45 to $ 45.
Export of oil and gas is a major boon for the Russian economy, the European Union countries have tried to reduce their dependence on Russian fossil fuels, the invasion of Ukraine began in February 2022. Germany eliminated direct import of Russian gas in summer of 2022.
The latest round of sanctions aims to cut about two dozen Russian banks from Swift International Payment Systems, which further separates the Russian financial sector. Measures want to restrict transactions to financial institutions in third countries that defy restrictions and facilitate commerce with Russia.
The restrictions want to target forward ships which are part of Russia’s “shadow fleet”, to transfer Russian oil.
