European Union countries are close to reaching an agreement on a new package of sanctions against Russia, the bloc's foreign policy chief Kaja Kallas said on Tuesday.
"We hope to reach a political agreement on the 18th sanctions package. We are very, very close. I hope it comes today," Kallas said before a meeting with foreign affairs ministers from the 27 EU countries in Brussels.
Sources told Reuters on Monday that all the elements of the package had been agreed, although one member state still had a reservation about a proposed lower price cap on Russian oil.
"It's alive," Kallas said when asked about the price cap.
"We have made proposals, but it is a question of whether we can overcome the veto of one member state or not. But we are trying to work on that."
The European Commission last month proposed the 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenue, its banks and its military industry.
The new package proposes banning transactions with Russia's Nord Stream gas pipelines, as well as banks that engage in sanctions circumvention.
It also proposes a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats have said.
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Kaja Kallas, the EU’s foreign policy chief, has condemned recent Russian airspace violations, insisting that “every country has the right to defend itself.” She also cautioned Iran that time is running out to meet EU demands and stop a return of UN sanctions under the snapback mechanism.
Iranian Foreign Minister Abbas Araqchi will hold a call with British, French and German counterparts, alongside European Union foreign policy chief Kaja Kallas, to discuss the potential reimposition of United Nations sanctions and conditions for delaying the move.
European Union foreign policy chief Kaja Kallas said on Saturday that Russia’s frozen assets will not be returned unless Moscow pays reparations for its invasion of Ukraine.
Armenian Foreign Minister Ararat Mirzoyan announced the successful conclusion of negotiations with the European Union on a new Partnership Agenda following the official visit of EU High Representative for Foreign Affairs and Security Policy Kaja Kallas to Yerevan.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Torrential rain battered New York on Thursday, leaving two people dead, Mayor Eric Adams confirmed, as severe storms disrupted flights and prompted flood warnings across parts of the city.
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Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
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Germany’s defence minister Boris Pistorius says he is confident the coalition will back his new voluntary military service model in time for it to take effect next year, citing the security threat from Russia and NATO demands.
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