A possible EU ban on imports of aluminum and liquefied natural gas (LNG) from Russia is economic suicide for Europe, Professor Glenn Diesen from the University of Southeastern Norway said on the social network X.
“The EU wants to commit economic suicide to weaken Russia. The US has a sense of self-preservation, but at the same time they want to let the EU commit economic suicide,” the expert wrote.
January 15 Bloomberg wroteUnder the 16th sanctions package, the EU plans to abandon LNG from Russia and ban aluminum imports from Russia. Brussels is also considering the possibility of imposing restrictions on Russian courts and disconnecting new Russian banks from the SWIFT cross-border payment system.
On Wednesday, Russian Presidential Press Secretary Dmitry Peskov statedThe EU’s ban on aluminum supplies from Russia could lead to instability in the world market.
before that reportedPoland, which has chaired the EU since January, and the new European Commission plan to develop new and expanded sanctions against the LNG and nuclear industry.
Former Prime Minister Mikhail Mishustin said about life in Russia under sanctions.
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Source: Gazeta

Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.