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    EU refuses to impose official sanctions against Rosatom

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    The European Union (EU) has refused to impose formal restrictions on the Russian state nuclear company Rosatom in the 11th round of sanctions. This is reported by CNN with reference to a high-ranking European official.

    The bloc believes “sanctions alone” will not lead to independence from Russian energy supplies, the official said. He stressed that there are other ways to achieve this goal. Earlier, the European Commission (EC), in parallel with the discussion of the 11th package of restrictive measures, discussed the creation of a mechanism for temporary exemptions from its own sanctions against Russia. It is clarified that this may be useful to those European companies that still remain on the Russian market, and is designed to facilitate their operations to leave the country until August 31, 2023. It is, in particular, about the fact that companies will receive special permits. They will enable them to transfer assets and carry out financial transactions with Russian individuals and legal entities included in the EU sanctions lists. To obtain such permission, it is necessary to document that such operations are necessary to exit the Russian market.

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