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European Union to propose ban on Russian coal imports, sources say

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A coal mine in Neryungri, Russia.

Pavel Usachenko / Eyeem | Eyeem | Getty Pictures

Luxembourg — The European Fee will suggest that Russian coal is a part of a brand new spherical of sanctions towards the Kremlin for its unprovoked invasion of Ukraine.

Two EU officers, who didn’t need to be named because of the sensitivity of the talks, advised CNBC Tuesday that the Fee will suggest banning coal imports from Russia.

Imposing sanctions on the Russian vitality sector has been a problem for the EU given the excessive stage of dependency that some international locations have on Moscow.

Nonetheless, mounting evidence of war crimes committed by Russian forces in Ukraine has pushed the manager arm of the EU so as to add coal to a fifth bundle of sanctions towards Moscow.

France’s President Emmanuel Macron, as an example, stated Monday that the bloc ought to go forward with sanctions towards Russian oil and coal within the wake of those stories.

The brand new set of measures will likely be mentioned by European ambassadors Wednesday. Remaining approval of the sanctions will not occur till after talks finish, and the proposals may nonetheless change earlier than the ambassadors meet.

It is a breaking information story and will likely be up to date shortly.

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