Wed. Oct 23rd, 2024

Date: December 21, 2023 Time: 10:36:24

In his words, the development of new measures will not take long. Very soon they will be presented to the EU member countries, the politician clarified to Izvestia.

Estonian MEP Jana Toom stated that the initiative to adopt new sanctions will probably come mainly from the Baltic countries.

However, he added that the sanctions instrument is not infinite. “There’s a limit to this somewhere, and apparently it’s coming soon,” Toom said.

Let us remember that previously the European Union approved the twelfth package of sanctions against Russia. The restrictions include a ban on the import of jewelry diamonds, liquefied propane, copper and aluminum wires, lithium batteries and components for unmanned aerial vehicles.

Meanwhile, Western sanctions against Russia turned out to be ineffective due to the “big country trap” effect, said Daria Ushkalova, director of the Research Center on International Macroeconomics and Foreign Economic Relations of the Federal State Budgetary Institution of Sciences of the Institute of Economics. of the Russian Academy of Sciences. The essence of this effect is that if a country is a major player in any market, the limitation of supply or even the expectation of this will inevitably lead to an increase in world prices, the expert explained.

By NAIS

THE NAIS IS OFFICIAL EDITOR ON NAIS NEWS

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