In a proposal brought forth on Monday, Poland has put forth suggestions for new European Union sanctions against Russia in light of its invasion of Ukraine. The proposal, obtained by Reuters, advocates for a ban on Russian diamonds and Liquid Petroleum Gas as part of the sanctions. Additionally, Poland calls for aligning the sanctions against Belarus with those against Moscow.
According to the proposal, Poland recommends prohibiting the importation of Russian diamonds, which accounted for a substantial $4.5 billion in revenue for the Russian budget in 2021. The document further suggests implementing individual sanctions specifically targeting the Russian diamond company, Alrosa (ALRS.MM). The Polish paper highlights that Alrosa has been providing support to the Russian military forces and facilitating their engagement in the war in Ukraine, both directly and indirectly, over an extended period.
The proposal also emphasizes the need for the European Union to expand the scope of sanctions beyond diamonds and Liquid Petroleum Gas. Poland suggests that the EU should impose a ban on Information and Communication Technology (ICT) services provided to entities from Russia. This would encompass computer software, cybersecurity services, and other ICT/IT services. By restricting these services, the EU would exert additional pressure on Russia and send a clear message regarding its actions.
It is worth noting that the European Union has already implemented eleven sanctions packages against Russia since the invasion of Ukraine in February 2022. The proposal from Poland seeks to further strengthen these measures and ensure a coordinated approach in dealing with both Russia and Belarus.
As discussions continue within the European Union, the outcome of this proposal remains to be seen. However, the proactive stance taken by Poland underscores the commitment of member states to address the ongoing crisis and hold those responsible accountable for their actions.
