Ambassadors of 27 EU countries will hold a meeting on Wednesday, November 23, and discuss the ceiling of prices. This requires a unanimous solution, and diplomats warn that it can be quite difficult. G7 countries intend to approve the price synchronously with the European Union. The purpose of this plan is to limit the income of Russian oil exporters, as well as to avoid rising prices.
Within sanctions, G7, EU, and Australia, a ban on the provision of maritime services for the supply of Russian oil is imposed if this oil is not sold below the limit. Western countries hope to take advantage of their control over most of the world's insurance and financial services, as well as delivery services to impose on the conditions of sale of oil. The EU leadership has already spoken to support the restrictive mechanism, but there are a number of unresolved issues.
The value of the marginal price remains controversial. A number of countries, for example, Poland and Lithuania, have been called for harder measures. The Polish leadership insisted that the price should be $ 20 per barrel. According to Oleg Ustenko, President Zelensky Advisor on Economic Affairs, if you set the marginal value at $ 60-65, it will be reasonable in terms of our allies. But, from the point of view of Ukraine, the price should be minimal - at the level of cost.
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