Russia’s demand for sin relief leads to entering the European Union with difficult choices
As a condition for restoring the Black Sea, Rochelkospank demanded Russia to return to Swift under the EU’s jurisdiction.
AdvertisementUS Secretary of State Marco Rubio has spent the past few weeks to tell the Europeans to tell the Europeans to be angry with the exclusion of the Russian war in Ukraine, and he will be invited to sit on the table when he has time to discuss the future of sanctions.
This call may come earlier than Brussels expected.
After a new round of conversations in Saudi Arabia, the US announced Russia and Ukraine They did Implementing a partial ceasefire in a “energy facility” supported by Donald Trump.
According to American reading, the parties agreed to “ensure safe navigation, to eliminate the use of power, and to prevent business ships for military purposes in the Black Sea.
Other pressures released by the White House listed the main points of the contract in general words, without any footnotes or technical details.
But Moscow quickly emphasized the list of his needs.
On your own ReadingThe “Black Sea initiative” accomplished five columns of Kremlin before retrieving. Conditions require a study of “economic barriers” and “restrictions”, which, according to Russia, controls the export of food and fertilizer worldwide, including agricultural machinery and freight insurance.
The most significant need is that the Russian Agricultural Bank, also known as the Rochelkospang, and the “other financial systems” involved in agricultural trade are reunited with the high security organization Swift for rapid cash transactions.
Established in 1973, Oh Swift It is currently considered the most used organization of its sex, which connects more than 11,000 companies in over 200 countries. About 50 million financial messages are sent through software every day.
This is where the European Union operates: a co -operatives based on Swift Belgium’s La Halbee, so it is subject to the EU law and above all the EU sanctions.
A war crying
Until February 24, 2022, except for financial experts, Swift was often vague. But after the Russian tanks entered Ukraine, the name was driven overnight, for international importance.
The Kiev government quickly begins to ask Russian banks to get out of the swift, or D-svift-edTo reduce the ability of Moscow to finance your war machine. These wrinkles were scattered in resistance groups and posters, pressing politicians to function.
The European Union responded on March 2, 2022, when the seven Russian Swift decided to evacuate the banks. This action was created by international headlines and celebrated as a hurdle.
Several months later, in June, the European Union Swift agreed to quit three banks: Esperbank (the largest bank of Russia), the Credit Bank of Moscow and Rochelkospang.
“This Decision of the Russian Financial System,” Explaining, Explaining End.
AdvertisementRosalcospang is a state bank that provides a wide range of financial services and products to agricultural food companies, which is a major source of revenue of Moscow through the global sales of basic products such as wheat, barley and corn.
Although the European Union has never allowed Russia’s agricultural exports, first choice High rates.
This illustrates why Vladimir Putin, who is hoping to have Trump’s ear, used the opportunity to repeat Rosellhospank with the Swift.
Studying the White House does not echo this position, at least not obvious. Russia has only said that it will help Russia to restore access to the global market for agricultural exports and fertilizers, reduce maritime insurance costs and improve access to ports and payment systems for these transactions.
AdvertisementThe last part – “Payment Settings for these transactions” – may indicate the Swift.
The US Foreign Ministry refused to comment on the speech.
Speaking to journalists, Trump said his team “analyzed” the conditions put forward by Kremlin. “We are thinking about everything right now. There are about five or six conditions. We are analyzing all of them,” he said.
Choosing a tough
Putin’s demands put the EU in a difficult situation.
AdvertisementIf the volume appeal is rejected, it rises the risk of angry Trump, who is interested in somewhat confirming a ceasefire to improve its diplomatic action. On the other hand, if volume appeals and relief from economic barriers, it is a lighter and acceptable risk, and an approach to Moscow can be easily explored to press for offers.
The relief of sanctions will be contrary to the post of President Volodimir Jelenski, who insists on maintaining difficult restrictions until the war is prolonged.
President Jelenski insists on maintaining difficult restrictions when the war is prolonged: “The world needs to put clear pressure on Russia and strong steps on Russia – more pressure from the United States -” the world needs to put clear pressure and strong action to end the Russian attacks. “
The European Commission did not immediately respond to the request for the comment.
AdvertisementAt the time of Kiev’s visit, President Ursula Van Ter Lainin said that the Moscow “concrete steps” will only begin to change these obstacles.
“What we see is that the economic obstacles are already a huge impact on the Russian economy,” he said, “firing inflation” and “spiral interest rates”.
The hunger for relief from sanctions is low among diplomats, which point to Russia’s continued attacks against Ukraine, which is proof that Putin is not serious about peace. The permit rule is carefully built in the 16 package record. It is not seen in the Brussels to implement such a complex structure with the touches of the pen.
Prior to an summit in Paris, the issue surrounding the Elisha Palace surrounding the sanctions is not “certainly”, but its reinforcement, if Russia does not agree with the unconditional ceasefire accepted in conversations with the United States.
Advertisement“Of course, the Russians can always be an opportunity to combine partial progress in the sense of a ceasefire with some sanctions,” said the Elisha Palace. “But for us, as long as Russia has not stopped the war, there has been no guarantee to Ukraine, and the war has not been compensated. The economic sanctions will always be a tool to pressure Russia.”
The question is now on the table and is difficult to ignore.
Under the EU rules, the unanimous economic barriers must be renewed every six months, which means that an organ country can derail the subtle process. Hungary threatened twice as a critic of Trump’s swearing -in and long -term sanctions Extension You can repeat it when department controls are discussed on July 31.
“The recent sanctions of the EU against individuals have been put in place (Marco) Rubio Pressing Hungary to practice Hungary. If such a pressure is not, the EU is a great danger,” said Maria Sakina, a senior member of the International Institute of Strategic Studies (IISS).
AdvertisementThe US can choose a “signal” by sending a “signal” by sending a “signal” that people who make transactions with the bank will avoid legal effects, even if the EU approval is needed to be part of the Rosalcospang Swift.
Penning Tun’s-Wazovich partner John Tun’s-Wazovich, who advises on sanctions, seems to have been designed to test Washington and Brussels simultaneously to Switt.
“If this particular request is made to the EU, the question is accurately. This is not known as part of this debate,” Tun’s-Wazovich told Euroinus.
“The request for the Trump administration may be an attempt to put pressure on the United States to flex the EU’s actions. Eventually, the EU resolution can be tested to maintain the curriculum and to continue its economic barrier policy.”
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