In the coming days, the European Union is to approve economic sanctions for Russia, which would restrict access to capital markets, envisage arms embargo and transfer of double-function commodities and sensitive technologies, Lithuania's Foreign Vice-Minister Andrius Krivas stated on Tuesday.
© DELFI / Kiril Čachovskij

"COREPER – the Permanent Representatives Committee – held yet another discussion on the topic today, which gives a lot of optimism and hope that the package of the restriction measures will be approved in the coming days and that it will take effect following publication by the European Union," the diplomat told journalists.

Asked by BNS what would be covered by the sanctions, the vice-minister replied: "This is the third phase – access to capital markets, arms embargo and non-transfer of double-function goods and sensitive technologies."

Lithuania wanted stricter arms embargo

Lithuania expected a tougher decision from the European Union on arms embargo for Russia, Lithuanian Ambassador to the EU Raimondas Karoblis said on Tuesday after Brussels consultations, which resulted in a ban on future deals only.

"The arms embargo will only apply to new deals, which will be concluded after the enforcement of the decision. Of course, this is less than Lithuania wanted but it is the first decision, and political struggles and political processes will probably continue in connection to other things," said Karoblis.

BNS
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

D. Grybauskaitė: the EU will owe us

Lithuanian farmers will not receive the sort of direct grants from the EU as were promised already...

European Commission's proposal on direct payments to Lithuanian farmers "unacceptable": President Grybauskaitė

Lithuanian President Dalia Grybauskaitė said on Monday the European Commission 's proposals on...

Seimas discussed the future of the EU

At its siting, the Seimas held a discussion on the future of the European Union (EU), including the...

Lithuanian farmers to protest in Brussels over direct payments, equal treatment

Lithuanian farmers are to attend a protest in Brussels in December requiring higher direct payments...

Agreement on EU's next multiannual budget before mid-2019 tough to achieve: Lithuanian diplomat to EU

The European Union is facing tense negotiations on its next multiannual budget, and the goal to...