EU bans exports 'Champagne, luxury
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EU bans exports 'Champagne, luxury
EU bans exports 'Champagne, luxury cars, clothes, IT equipment, sports' to Russia
The European Union (EU) hasxo walletbanned the export of champagne. high end car fashion clothes expensive electronics and sports equipment to Russia as part of a new round of sanctions
The EU has published a 29-page list of prohibited luxury goods in its official journal. It details the broader sanctions the EU leader announced last week.
The sanctions also added the names of 15 people, including Roman Abramovich and anyone deemed to be a "death inhabitant". “Propaganda” for Russia and nine key companies in the aviation, military, shipbuilding industry and build Russian machines
The sanctions also prohibit investment and aid in Russia's energy sector. and prohibiting the import of finished steel from Russia Credit rating agencies are also prohibited from evaluating Russian institutions and companies.
The ban on exports of luxury goods from the EU to Russia is an attempt to target the elite and the powerful in Russia.
EU officials said EU luxury goods sales to Russia are worth 3.5 billion euros ($3.8 billion) annually, less than 5 percent of global exports from the group.
“We just want to target only those products that will be luxury. so that it does not affect ordinary Russians who want to buy home appliances or cars of less value,” said an EU official.
The EU's export ban applies to cars worth more than 50,000 euros, electronic items such as home appliances worth more than 750 euros, cameras and recording equipment worth more than 1000 euros, and musical instruments. worth more than 1500 euros
The export of art, antiques and jewelry such as diamonds and pearls is also prohibited. clock and clock lead crystal tableware and precious cutlery as well as quality clothing or fashion and sports equipment such as ski boots and saddles. The ban is already under control for a number of rogue states, such as North Korea. |
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