EU members agree new package of Russia sanctions

Member states of the EU have agreed on the fourth package of sanctions against Russia as a consequence of its invasion of Ukraine. They consist of an import ban on Russian steel and iron, an export ban on luxury goods including cars worth more than 50,000 euros, and a ban on investments in oil companies and the energy sector. Moreover, the package will block access to funds from the International Monetary Fund and the World Bank.

Source:  rferl

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