European manufacturers have proposed to introduce an embargo on the import of aluminum from Russia - the media
With the support of four EU countries, companies are trying to achieve the appropriate result on sanctions. The report stated that even two years after Russia has started a full -scale attack, Europe still buys 9 percent of its imports of aluminum from the Russian Federation. This allows you to finance Moscow's occupation military car worth about 2. 3 billion euros in 2022.
EU diplomats believe that a complete ban is unlikely to be put into effect up to two years of invasion on February 24, because the proposal of Lithuania, supported by Estonia, Poland and Latvia, will most likely meet some active players in this field. This applies to Italy, which resists such measures that can raise prices. The publication noted that before the date of adoption of the 13th sanction package, the agreement of all 27 countries is unlikely to take place quickly.
Fighting high energy and cheap foreign competition, European manufacturers of widely used metal hope that sanctions against Russia, which remains the third largest manufacturer in the world, can bring some relief. Since autumn, the EU aluminum manufacturers have argued that Brussels should completely stop Russian imports, saying that manufacturers have "accelerated their separation.
" Despite the fact that the four EU countries are on their side, the issue has now emerged from manufacturers, as Member States are negotiating. We will remind, on February 6 Politico reported that the capital of the EU fears Russian revenge and cyberattak after freezing of assets of the Russian Federation, which will be directed for Ukraine. According to officials involved in the process if Russia refuses to pay reparations after the war against Ukraine, these funds will be confiscated.