The provisional agreement comes as President Putin approves the incorporation of four former Ukrainian regions into Russia
© Global Look Press / Daniel Kalker
EU nations have reached a preliminary agreement on an eighth round of sanctions on Russia, Reuters reports on Friday, citing sources in diplomatic circles.
Envoys from across the 27-nation bloc discussed the proposals made by European Commission President Ursula von der Leyen earlier this week, and reportedly gave an initial green light, with a final approval expected to come as soon as next week.
On Wednesday, the top official revealed a new package of “biting” sanctions that include more trade curbs, individual blacklisting and steps towards a price cap on Russian seaborne oil deliveries to third countries.
EU companies would also be barred from providing more services to Russia while European citizens would not be allowed to sit on boards of Russian state companies as per the proposal.