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EU, U.S. set to coordinate new sanctions against Russia this week

global.espreso.tv
Mon, 08 Sep 2025 13:05:00 +0300
EU, U.S. set to coordinate new sanctions against Russia this week
Bloomberg reported the information.Sources report that the EU’s 19th sanctions package since Russia’s full-scale invasion in 2022 may target Russian payment and credit systems, crypto exchanges, and further oil trade restrictions.The EU hopes to coordinate these measures with the U.S. An EU delegation will visit Washington this week to meet with American officials and discuss potential joint actions.“We are prepared to increase pressure on Russia, but we need our partners in Europe to follow,” said Treasury Secretary Scott Bessent in an NBC interview.The U.S. and Europe are discussing new sanctions and secondary tariffs on Russia, hoping the measures will push Vladimir Putin toward peace talks with Ukraine, he added.U.S. President Donald Trump has so far refrained from imposing direct sanctions on Russia, despite missing several self-set deadlines and Putin’s continued refusal to negotiate an end to the war. However, Trump has doubled tariffs on India to 50% over continued purchases of Russian oil.Moscow is already under U.S. and EU sanctions but has largely avoided their impact by importing banned goods from China and other third countries and by finding buyers for its oil and gas in India and elsewhere.The U.S. is also considering sanctions on Moscow’s secret oil tanker fleet and energy companies Rosneft and Lukoil.Sources say the latest EU package aims to tighten sanctions on Russian shadow fleets, oil traders in third countries, and may ban reinsurance for listed tankers.The EU is also considering stronger measures against major Russian oil firms by removing existing exemptions, such as those for Rosneft. Additional bans could target exports of goods and chemicals used by Russia’s military industry, as well as trade restrictions on foreign companies, including those in China, supplying these materials.Beijing has become a key supplier for Russia’s military, enabling increased production of drones used in attacks on Ukrainian cities.Separately, the EU is reportedly considering for the first time using its “anti-circumvention tool” against Kazakhstan. This would ban the country from importing certain machinery that, according to EU trade data, is still largely rerouted to Russia for weapons production, sources said.On September 7, President of the United States Donald Trump confirmed that he is ready to move to the "second phase" of sanctions against Russia.Treasury Secretary Scott Bessent signals that the United States is prepared to work with European countries to impose additional sanctions on nations that continue buying Russian oil, with the goal of “collapsing” the Russian economy.
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