The bloc is working on the next package of restrictions, Valdis Dombrovskis has said
The EU has no plans to lift sanctions against Russia even if the US decides to do so, and is working on the next raft of measures, EU Commissioner Valdis Dombrovskis has said.
The bloc has proposed a 16th round of sanctions on Russia to be imposed next week for the third anniversary of the start of the Russian military operation against Ukraine on February 24. Along with the US, the EU has slapped numerous rounds of sanctions on Russia since 2022 in a bid to isolate the country, cutting it off from the Western financial system and freezing its foreign reserves.
Asked if the EU would lift its sanctions on Russia if the US eases its restrictions in exchange for a potential ceasefire in Ukraine, Dombrovskis stated that Brussels would pursue an independent sanctions policy.
“It’s very clear with the moves of the current Trump administration that the EU will have to take issues related to the EU’s security more in its own hands. It also concerns the sanctions policy as you know the work continues on preparing the 16th package,” the commissioner said.
Last month, the EU extended its existing sanctions against Russia until the end of July. The restrictions already target a broad range of sectors and include trade embargoes, travel bans, and individual sanctions against Russian businessmen and public officials.
French Foreign Minister Jean-Noel Barrot said in an interview with Franceinfo on Tuesday that the EU’s upcoming batch of measures will primarily target Russia’s energy sector.
Barrot claimed the new package aims to “force [Russian President] Vladimir Putin to sit down at the negotiating table,” adding that the EU will continue to “raise the cost of the war” for Moscow. The sanctions will also target countries that facilitate bypassing the restrictions, the minister said.
Earlier this year, Hungarian Prime Minister Viktor Orban renewed calls on the EU to lift its sanctions on Russia in order to align the bloc’s policies with the new US government. Budapest has long criticized Brussels’ approach to the Ukraine conflict as being incapable of ending hostilities and damaging to the bloc’s member states.
Last week, Orban predicted that Russia will be “reintegrated” into the world economy and the European energy system once the Ukraine conflict ends.
Moscow has condemned Western sanctions as illegal, repeatedly arguing that they have failed to destabilize Russia’s economy or isolate it from the global financial system.
