EU to propose import ban on Russia coal, chemicals, wood -source


  • World
  • Tuesday, 05 Apr 2022

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, January 18, 2018. REUTERS/Francois Lenoir/File Photo

BRUSSELS (Reuters) -The European Commission will propose on Tuesday to EU nations sweeping new sanctions against Russia, including banning imports of coal, wood, chemicals and other products worth about 9 billion euros ($9.86 billion) a year, an EU source told Reuters.

The European Union is also to propose a ban on exports to Russia worth another 10 billion euros a year, including of semiconductors, computers, technology for LNG gas, and other electrical and transport equipment, the source said.

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