World News

EU state circumvents sanctions on Russia – media – RT Business News


The Netherlands has granted more than 90 waivers for companies to continue business as usual, reports RTL Nieuws

The Dutch government has granted 91 permits exempting companies from the application of EU sanctions against Russia, media RTL Nieuws reported on Monday, citing state institutions.

According to the newspaper, officials did not disclose the names of the companies affected, the value of the transactions that were exempted and the business sectors affected.

The information was “business sensitive”, the foreign ministry told RTL. The ministry, along with its counterparts in economic affairs, finance, infrastructure and education, have been authorized to grant exemptions from sanctions to “allow a degree of flexibility in specific cases”, the spokesperson said. anonymous speech.

The report notes that despite the EU’s ban on Russian-flagged ships from European ports, the Dutch Ministry of Infrastructure and Water Management granted derogations so that 34 ships could access ports in the country. They justified this by saying that the ships were carrying large cargoes such as aluminum and food.

In the meantime, the Ministry of Economy and Climate has issued 25 permits to Dutch companies so that they can work with former Gazprom subsidiaries. Permits were also issued on “humanitarian reasons” cooperation between Russia and the EU on “civil matters” as well as to make payments from Russia for “diplomatic” purposes.

READ MORE:
Seize, not freeze: EU presents plans for Russian assets

The Ministry of Finance has granted 13 additional waivers regarding frozen assets or property that fall under the sanctions.

The EU has adopted eight sets of sanctions against Russia in response to the conflict in Ukraine, including asset freezes, restrictions on the country’s financial sector, trade embargoes, as well as measures targeting individuals and state-owned companies .

For more stories on economics and finance, visit RT’s business section

You can share this story on social media:

RT

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button