Trade “key” to sanctions against Russia & circumventions – McGuinness

The EU is closely watching trade and how it might be leading to circumventions in sanctions against Russia. That’s according to EU Commissioner Mairead McGuinness who was speaking today at London’s Royal United Services Institute.

The EU has already implemented ten packages of sanctions against Russia because of its war on Ukraine. An eleventh package is now in discussion. It’s expected to focus on closing loopholes and addressing the challenge of circumvention and the rerouting of trade in banded products.  

Here’s Commissioner McGuinness.          

Out words: see circumvention

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