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Russian aluminum is one of the goods in the list of the next EU sanctions packag...

Stop aggressor: what prepares the European Union for Russia within new sanctions

Russian aluminum is one of the goods in the list of the next EU sanctions package against Russia. Focus has examined what would happen if the EU has approved new sanctions and whether a new package of weapons in Russia will affect. The process of aluminum smelting requires a lot of electricity, and energy prices account for up to 40% of production costs.

Thus, sanctions against Russian metal, which are likely to contain the 13th package, is another way to influence the economy of the aggressor country. In the article "Less missiles for Putin: EU is preparing to introduce new restrictions for" economists "have explained focus why new sanctions from the EU will not be a devastating blow to the aggressor country.

It is known that European countries hope to reconcile the next package of sanctions against the second anniversary of the Russian full -scale invasion of Ukraine, that is, on February 24, "we believe that it would be good to have a package (sanctions against Russia - ed. ) On the eve of the second anniversary of the war," - said Interviewed by the Politico Diplomat of the EU.

At the same time, according to another diplomat, the biggest problem is that "all large goods are already under sanctions and others are inaccessible, such as nuclear energy or LNG. " Economist, finance teacher at the Kyiv-Mohyla Business School (KMBS) Alexei Gerashchenko in a comment to Focus notes that there are no such sanctions in the current schedule of economic forces that can radically influence economic development indicators.

"The rapid collapse of the economy should not be counted, and the magic package of sanctions that will not exist. Instead, sanctions are a politically important signal, they should also increase" public fatigue "from war in the Russian Federation, affect long-term consequences for the aggressor country" , - Gerashchenko explained. According to him, in reality, to withstand sanctions is fully much more difficult than to introduce. Thus, the importers in Russia were Georgia, Uzbekistan, Kyrgyzstan.

"That is, a company from these countries buys something sanctioned for the Russian Federation in the EU or the US, and then sells in the Russian Federation, so it gets a sanction product. A similar scheme can occur with export of aluminum, which is referred to in the last discussed package.

He agrees financial analyst Andriy Shevchyshyn and notes that the restriction planned by the European Union and becomes painful for the Russian Federation, because the share of Russia in the aluminum market was about 25%, still Russia will try (and it already) redirect its aluminum flows to Asia, China, China And from there - to Europe. Lithuanian Foreign Minister Gabrielus Landsbergis adds that the fight against the bypass of sanctions remains a headache for the EU.

, at first glance, looks quite harmless. We call it spare parts for refrigerators. And the Russians disassemble it and then use it, " - explained the minister. Recall that aluminum restrictions from Russia in Europe began to be considered in the summer of 2023. The focus wrote that while European diplomat , Canada and Great Britain have already approved the restrictions. On July 16, 2023, a photo of Russian aluminum in Poland was flew.