No deal reached for EU on oil embargo against Russia-Xinhua

No deal reached for EU on oil embargo against Russia

Source: Xinhua

Editor: huaxia

2022-05-17 04:15:28

Ukrainian Foreign Minister Dmytro Kuleba arrives for the meeting of the EU Foreign Affairs Council in Brussels, Belgium, May 16, 2022.

European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo. (Xinhua/Zheng Huansong)

BRUSSELS, May 16 (Xinhua) -- European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo.

Following the meeting of the EU Foreign Affairs Council in Brussels, the bloc's High Representative for Foreign Affairs Josep Borrell told a press conference that unanimity had not been reached on the issue. However, the EU will continue to impose sanctions on Russia "to make the price of its invasion of Ukraine unbearable for the Kremlin," Borrell said.

The issue will now be referred to the Committee of Permanent Representatives of the Governments of the Member States to the European Union (COREPER).

Borrell added that the EU will provide an additional 500 million euros (521 million U.S. dollars) from the bloc's peace facility for weapons deliveries to Ukraine. This brings the total amount of EU assistance to two billion euros.

The sixth package of sanctions was proposed by the European Commission on May 4. However, Hungary, which is highly dependent on Russian oil, is blocking the agreement.

Borrell said it was not possible to predict how long it could take to reach a deal.

"Sanctions cost. Sanctions hurt the one who is being sanctioned and have collateral effects on the one who sanctions. But one thing is clear for everybody in the Council: we have to get rid of the energy dependency of the EU with respect to oil, gas and coal coming from Russia," he said.

The European Union's High Representative for Foreign Affairs and Security Policy Josep Borrell addresses the meeting of the EU Foreign Affairs Council in Brussels, Belgium, May 16, 2022.

European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo. (Xinhua/Zheng Huansong)

French Foreign Minister Jean Yves Le Drian attends the meeting of the EU Foreign Affairs Council in Brussels, Belgium, May 16, 2022.

European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo. (Xinhua/Zheng Huansong)

The European Union's High Representative for Foreign Affairs and Security Policy Josep Borrell (R) talks to Luxembourg's Minister for Foreign and European Affairs Jean Asselborn during the meeting of the EU Foreign Affairs Council in Brussels, Belgium, May 16, 2022.

European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo. (Xinhua/Zheng Huansong)

Italian Foreign Minister Luigi Di Maio (R) attends the meeting of the EU Foreign Affairs Council in Brussels, Belgium, May 16, 2022.

European Union (EU) foreign ministers failed to reach an agreement on a sixth package of sanctions against Russia on Monday, including a controversial oil embargo. (Xinhua/Zheng Huansong)