EU’s 19th Sanctions Package Could Extend to Two Central Asian Banks
Photo: Pixabay, illustrative purposes
The European Commission plans to present the 19th package of anti-Russian sanctions by September 12. According to European diplomats, banks from two Central Asian states may be included in the draft, Orda.kz reports.
Kommersant, citing Reuters, confirmed this information, though the publication did not specify the countries or banks involved.
On September 8 and 9, the EU’s special representative for sanctions, David O’Sullivan, will meet with his American counterparts in Washington to discuss next steps in pressuring Moscow and the details of the upcoming sanctions package.
EU Council President Antonio Costa stated that the new measures are being closely coordinated with the United States. Europe hopes for closer cooperation after Trump chose earlier this year to negotiate separately with Putin.
Bloomberg previously reported, citing its own sources, that the EU was considering expanding sanctions against around six Russian banks and energy companies.
Potential measures include banning payment systems and bank card operators, imposing restrictions on cryptocurrency exchanges, and tightening controls on Russian oil exports. The agency also noted that exceptions currently benefiting major oil companies such as Rosneft and LUKOIL are expected to be lifted.
The possible instruments against sanctions circumvention could extend to Kazakhstan.
Original Author: Raushan Korzhumbekova
Latest news
- Kazakhstan’s IT Market Slows After Years of Rapid Growth, but Salaries Keep Rising
- Why the Oil Price Spike Did Not Help Kazakhstan’s Budget Much, the Ministry Explained
- Why More Women in Kazakhstan Are Working Beyond the 40-Hour Week
- Drone Strikes on CPC Drag Down Kazakhstan’s Oil and Gas Output
- New Parking Rules Approved in Astana: How Much Will Drivers Pay and Who Is Exempt?
- Shell and Eni Replaced in Karachaganak Gas Plant Project
- Economist Calculates How Much Income Kazakhstanis Actually Keep
- Samruk-Kazyna Raises 3 Billion Yuan on AIX in Record-Low Panda Bond Deal
- Kazakhstan to Build Four New Airports by 2028
- State-Owned Plant in Atyrau Tried to Buy Sturgeon Caviar for Nearly 150 Million Tenge
- Chaos and Delays at the Border: Kazakhstan Wants to Bring Queues Under Control With New Rules
- Major Illegal Migration Channel Dismantled in Shymkent
- “A Shameful Sight”: Dump Near Altyn-Emel Caught on Video
- Kazakhstan Is Preparing to Increase the Scrap Fee on Cars From Russia
- Work Permits For Migrants To Go Fully Online As PSCs End Service
- Kazakhstanis Expect Higher Inflation but Remain Optimistic About the Future
- Support For Rural Doctors Doubles Amid Staffing Shortage
- South Korean Shareholder To Inject 4.7 Billion Tenge Into Kazakhstan’s Only Loss-Making Bank
- Tokayev Finishes Uzbekistan Trip With Focus on Trade and Environmental Cooperation
- Kashagan Operator Accused Of Stalling Sulfur Fine Pending Washington Arbitration
