EU to ban steel imports from Russia, luxury goods exports to Moscow
Published by
Reuters UK

BRUSSELS (Reuters) -The European Union will suspend Moscow’s privileged trade and economic treatment, crack down on its use of crypto-assets and ban exports to Russia of EU luxury goods and imports of iron and steel goods, the head of the European Commission said on Friday. The measures amount to a fourth set of sanctions against Russia over its invasion last month of Ukraine, coordinated with the United States and other G7 allies. “Tomorrow, we will take a fourth package of measures to further isolate Russia and drain the resources it uses to finance this barbaric war,” European Commission Pr…

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