Lithuania’s Foreign Minister Kęstutis Budrys stated during a 9 June briefing in Kyiv that existing EU sanctions cover just 40% of Russia’s capabilities, calling for significantly stronger measures and expanded coordination with the United States.
Current sanctions insufficient
Speaking alongside Ukraine’s Foreign Minister Andrii Sybiha, Budrys criticized the current state of European sanctions targeting Russia, asserting that Europe cannot claim it has exhausted all possible measures.
“Only 40% of Russia’s capacity is under sanctions. We cannot afford to say that we have done everything possible in terms of sanctions. No, we have not,” Budrys said.
18th EU sanctions package in progress
According to Budrys, the European Union has already begun work on its 18th package of anti-Russian sanctions. This new round aims to cover sectors of the Russian economy that remain untouched by previous restrictions.
Budrys emphasized that the upcoming sanctions are expected to include personal restrictions on top managers within Russian corporations, as well as new limitations on Russian exports.
The Lithuanian foreign minister underscored the need for the EU to synchronize its efforts with the United States, reinforcing the necessity of united transatlantic pressure on Russia.
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