The head of European diplomacy, Josep Borrell, announced that even more Russian banks would be cut off from SWIFT. He stated this to journalists during a visit to Latin America, the Venezuelan channel VPI reports.
“In the financial sector, more Russian banks will be disconnected from the SWIFT system,” the European politician said.
Which banks will fall under the sanctions, he did not specify. Borrell stressed that the European Union also plans to take additional measures in the energy sector, which will affect the import of Russian oil.
The politician recalled that the European Union (EU) adopted five packages of sanctions against Russia, noting that the special operation to protect Donbass had become, according to Europeans, too radical.
On April 30, it became known that the sixth package of EU sanctions against Russia could include an embargo on Russian oil, as well as the disconnection of a number of Russian banks from the SWIFT system. Advisory services, as well as services for the purchase of real estate and other transactions involving cloud technologies, may be subject to sanctions.
In early April, the European Commission announced the fifth package of sanctions against Russia. The package of restrictions includes a ban on the purchase, import or transfer of coal to the countries of the European Union, if they originate from Russia or are exported from there, starting from August 2022.
On March 2, the European Union disconnected seven Russian banks from SWIFT. Banks VTB, Rossiya and Otkritie, as well as Novikombank, Promsvyazbank, Sovcombank and VEB.RF fell under the sanctions.
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) is an international system for transferring data and making payments between banks. More than 11 thousand largest organizations are connected to it in almost all countries of the world.
Western countries continue to tighten anti-Russian sanctions against the background of Moscow’s special operation to protect Donbass, which began on February 24. Moscow explained that the tasks of the special operation include the demilitarization and denazification of Ukraine, the implementation of which is necessary to ensure the security of Russia. The decision was made against the backdrop of aggravation in the region as a result of shelling by the Ukrainian military.
For more up-to-date videos and details about the situation in Donbass, watch the Izvestia TV channel.