Ready to attack Russia with “serious impact” sanctions if the EU invades Ukraine: French Finance Minister


France’s Treasury Minister Bruno Le Maire told Bloomberg Television that the European Union is ready to impose penalties on Russia if Russia invades Ukraine, with expectations for a diplomatic solution to the crisis. He added that it remained.

Sanctions ready for the EU will “deeply affect Russia and the Russian economy, and Russia’s interests,” Le Mer said, calling the current moment of the crisis “a time of escalation and diplomacy.” called.

Le Maire refuses to identify which sanctions are ready to be taken because the sanctions become “inefficient” as a deterrent, and the sanctions are triggered when “the time has come”. Insisted.

“One point must be very clear. Even if there is an attack from Russia on Ukraine, there is a series of sanctions that will hurt the economic interests of the Russian people, the Russian state and Russia.” He said.

Asked about the prospect that French and other EU countries could see rising energy prices if sanctions include Russian energy, Le Mer was asked to defend Ukraine’s sovereignty. Suggested that it is a price that he is willing to pay.

“We are aware of the impact on the EU economy, but political principles are more important. We reject any kind of attack on Ukraine’s sovereignty,” he added.

Le Mer praised the prospect of a summit meeting between US President Joe Biden and Russian President Vladimir Putin as “a big step forward” unless Russia invaded Ukraine.

But on Monday, Kremlin spokesman Dmitry Peskov told reporters that there was always a phone call or meeting between the two leaders, but so far there was no concrete plan for the summit.

The White House said in a statement that Biden accepted the meeting “in principle” but “only if no intrusion occurred.”

“We are always ready for diplomacy,” said White House spokesman Jen Psaki. “If Russia chooses war instead, we are also ready to impose swift and serious consequences.”

Russia has repeatedly denied plans for aggression, and the declarations challenged by Western leaders said there was plenty of evidence that Moscow intends to proceed with the invasion over the weekend.

Russian training
Russian and Belarusian troops will participate in a joint exercise at the Godisky shooting range in the Grodno region of Belarus on February 12, 2022. (LeonidShcheglov / Belta / AFP via Getty Images)

Reflecting Le Mer’s remarks on expectations for diplomatic resolution of the dispute, EU foreign policy director Josep Borrell told reporters on Monday that there was still room for diplomacy, “the time has come. “Tara” will convene an extraordinary EU conference to agree on sanctions.

Ukrainian President Volodymyr Zelensky called on Saturday to impose sanctions before a real attack occurs to thwart a potential Russian invasion.

“Develop an effective package of preventative sanctions to thwart attacks. Guarantee energy security in Ukraine and ensure integration into the EU energy market when Nord Stream 2 is used as a weapon. “He said in a speech at the 58th Munich Security Council.

He told CNN that he disagreed with the idea that sanctions should only be triggered after the invasion.

“After the bombardment, after the borders are gone, or after the economy is gone, after our country is fired, we don’t need your sanctions … why we need those sanctions “Is it?” He said.

Lithuanian Foreign Minister said the EU should “look for more than just aggression” to trigger sanctions, as Ukraine is already suffering from the economic and other implications of Russia’s military buildup at the border. Was repeated.

Mr. Borrell said he had high hopes for the Biden Putin meeting, “The summit is terribly needed, at the leader level, ministerial level, form, way of speaking, sitting at the table and trying to avoid war. I am. “

Reuters contributed to this report.

Tom Ojimek

follow

Tom Ozimek has a broad background in journalism, deposit insurance, marketing and communication, and adult education. The best writing advice he has ever heard is from Roy Peter Clark.

Posted on