Main image: Oil tanker Eagle S has been described by the European Union executive commission as part of Russia’s shadow fleet. (Reuters: Pete Aarre-Ahtio/Ilta-Sanomat)
The sanctions group has prepared a new working paper No. 23 — a comprehensive plan to increase pressure on Russia, which provides for extending sanctions to more than 400 vessels of the Russian shadow fleet and for lowering price caps on oil.
This was reported by the Head of the Office of the President of Ukraine, Andriy Yermak.
According to Yermak, the plan proposes expanding sanctions to more than 400 vessels of the shadow fleet.
It also calls for lowering and regularly adjusting price caps on oil and premium oil products.
The plan envisages secondary sanctions and port embargoes for those who help the Kremlin circumvent the restrictions.
Yermak says the measures include using frozen Russian assets for Ukraine, as well as closing loopholes in export controls on technologies, especially those routed through third countries.
“This document is, in fact, a clear plan for the next wave of sanctions, ready for implementation,” the Head of the Office of the President noted.
He added that a number of proposals from previous documents have been incorporated into the sanctions packages of Ukraine’s partners.
“We need to move to a systemic and aggressive policy of economic pressure on the Russian Federation,” Yermak emphasized.
