Warsaw: European partners are preparing a new package of 'powerful sanctions' against Russia, to be coordinated for the first time with the Donald Trump administration of the US, the French foreign minister said Monday. Speaking at a Weimar Triangle meeting in Warsaw, Jean-Noel Barrot announced that the new measures would include a complete phase-out of Russian liquefied natural gas (LNG) imports by January 1, 2027, as well as sanctions on major Russian oil companies Rosneft and Gazprom Neft.
According to Anadolu Agency, the package would also target Russia's so-called 'shadow fleet,' banks, cryptocurrency-based circumvention networks, and companies outside Russia that support Moscow's war effort, particularly in the oil sector. Barrot emphasized that recent provocations by Russian President Vladimir Putin at Europe's borders have only strengthened the resolve of European partners. The sanctions are expected to impact the Russian civilian economy, including exclusive economic zones and enterprises linked to the war effort.
Barrot further stated that European allies are prepared to respond to Russian provocations and assured that NATO and EU members are committed to defending their territories. He also highlighted that the sanctions initiative is accompanied by increased financial and military support for Ukraine. The European Commission has proposed measures currently under discussion among EU member states to provide Ukraine with the necessary financial means to sustain its efforts.
The French foreign minister described the coordination with the Trump administration as a significant shift in Western determination, marking the first instance of transatlantic partners imposing sanctions in a completely unified framework.