The new penalties will come into force “as soon as the ambassadors agree to simultaneously ban imports of steel products from Russia, exports of luxury goods to Russia, and prohibit any investment in oil production and refineries in the country,” the foreign minister said in an interview aired on France Inter.
Le Drian also said that the new package of punitive measures is expanding the list of sanctioned high-profile individuals, adding that the bloc had never agreed to similar steps so quickly.
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