Oil products sales to Europe from Indian refiners have nearly doubled to $15 bln. Anti-Russian sanctions are not watertight: yet, risks of an energy inflation revival make an EU ban a tough call, says ShritamaBose
In striving to weaken Russia, Europe is likely to avoid a crude approach.Leaders attending the Group of Seven nations meeting in Hiroshima on May 19 to 21 pledged to further prevent the circumvention of sanctions imposed against Russia after its invasion of Ukraine, including by engaging with third countries through which restricted goods or technology may enter Russia. The European Union is working on its 11th package of sanctions against Moscow.
Josep Borrell, the European Union’s high representative for foreign affairs and security policy, told the Financial Times in an article published on May 16 the bloc shouldBorrell clarified in adated May 19 on the website of the European Union External Action Services – which the EU’s chief diplomat leads - that the purpose of his earlier statement was not to criticise the Indian government but to say that the EU must take a closer look at how European companies are circumventing sanctions by...
India’s External Affairs Minister S Jaishankar said at a press conference on May 16 that Russian crude, when “substantially transformed” in a third country, is not treated as Russian anymore, pointing to EU Council Regulation 833/2014. European Commissioner for Competition Margrethe Vestager said the legal basis of the EU sanctions is not in doubt and it is “a discussion that we will have with friends, but it would be with an extended hand, and of course not with a pointed finger.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Mystery of ‘The Wounded Indian’: Who owns a statue once thought destroyed?An old New England trade group claims it owns a landmark American statue in the collection of the Chrysler Museum of Art in Norfolk.
Les mer »
Indian shares open lower on caution over US debt ceiling talksIndian shares were off to a muted start on Monday, tracking a slide in global equities ahead of the resumption of debt ceiling talks in the United States, which paused on Friday.
Les mer »
Cannes: Hong Sangsoo Films ‘In Our Day,’ ‘In Water’ Sell Across EuropeSeoul-based sales outfit Finecut also has inked a batch of international deals on three titles from young female Korean directors.
Les mer »
Ripple CEO: 'Confusing' US Crypto Rules Benefiting Europe – Regulation Bitcoin NewsConfusing U.S. crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a 'significant beneficiary' of this confusion, said Brad Garlinghouse.
Les mer »
New Lexus LBX 'Baby' SUV Teased In Europe, Debuts On June 5 | CarscoopsThe all-new model is most likely Lexus' take on the Toyota Yaris Cross subcompact SUV car auto cars
Les mer »
XODIAC’s Agency Announces Postponement Of Debut Showcases In Europe + Organizer Shares StatementXODIAC's Agency Announces Postponement Of Debut Showcases In Europe + Organizer Shares Statement
Les mer »