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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Iran’s Foreign Minister Abbas Araghchi denounced the European Union's designation of the Islamic Revolution Guards Corps (IRGC) as a terrorist organisation as “another major strategic mistake” and “PR stunt.”
Diplomatic efforts to end the war in Ukraine remain stalled after talks in Abu Dhabi ended without an agreement. Moscow has since ruled out dialogue with the EU’s top diplomat.
World leaders and organisations have responded strongly to the United States’ military operation in Venezuela that resulted in the capture and departure of President Nicolás Maduro. Many condemn the action as a breach of international law and calling for restraint and peaceful resolution.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
U.S. President Donald Trump said on Saturday that the United States has begun negotiations with European leaders over Greenland and that an agreement is already taking shape.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
Dmitry Medvedev, said European countries have failed to defeat Russia in Ukraine and have instead inflicted serious economic damage on themselves, as he criticised EU policy, praised Donald Trump as a leader who seeks peace, and said Russia would “soon” achieve military victory in the war.
Heavy snow continued to batter northern and western Japan on Saturday (31 January) leaving cities buried under record levels of snowfall and prompting warnings from authorities. Aomori city in northern Japan recorded 167 centimetres of snow by Friday - the highest January total since 1945.
A daylight robbery at a jewellery shop in Richmond, one of London’s most affluent and traditionally quiet districts, has heightened security concerns among residents and local businesses.
Mexico said it will stop sending oil to Cuba as U.S. President Donald Trump ramped up pressure on the Caribbean nation.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 3rd of February, covering the latest developments you need to know.
Russian forces have resumed attacks on Ukraine's capital Kyiv, as well as its second largest city Kharkiv and other cities early on Tuesday (3 February), officials said, triggering fires and dealing new blows to energy infrastructure.
China and Uruguay should should work together to advance an "equal and orderly multipolar world", President Xi Jinping told his counterpart Yamandu Orsi on Tuesday (3 February).
India says it's going to stop buying Russian oil and lower trade barriers after U.S. President Donald Trump announced a trade deal with India on Monday (2 February) that cuts American tariffs on Indian goods to 18% from 50%.
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