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TOPIC: eu sanctions


Russian Diamonds Are Belgium's Best Friend — But For How Much Longer?

Belgium has lobbied hard for the past year to keep Russian diamonds off the list of sanctioned goods. Indeed, there would be a huge impact on the economy of the port city of Antwerp, if Europe finally joins with the U.S. and others in banning sale of so-called "blood diamonds" from Russia. But a 10th package of EU sanctions arriving this month may finally be the end of the road.

Since Vladimir Putin's invasion of Ukraine, the European Union has agreed to nine different packages of sanctions against Russia. With the aim to punish Moscow's leadership and to cripple the war economy, European bans and limits have been placed on imports of a range of Russian products from coal, gas and steel to caviar and vodka — were successively banned over the past 11 months.

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Still, one notable Russian export is a shining exception to the rule, still imported into Europe as if nothing has changed: diamonds.

Russian state conglomerate Alrosa, which accounts for virtually all of the country's diamond production (95%) and deals with more than one-fourth of total global diamond imports, has been chugging along, business as usual.

But that may be about to change, ahead of an expected 10th package of sanctions slated to be finalized in the coming weeks. During recent negotiations, with 26 of the 27 EU members agreeing on the statement that ALSROA’s diamonds should no longer be imported, the one holdout was not surprisingly Belgium.

The Belgian opposition to the ban is explained by the port city of Antwerp, where 85% of the rough diamonds in the world pass through to get cut, polished, and marketed. There are estimates that 30,000 Belgians work for Alrosa.

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Europe's Winter Energy Crisis Has Already Begun

In the face of Russia's stranglehold over supplies, the European Commission has proposed support packages and price caps. But across Europe, fears about the cost of living are spreading — and with it, doubts about support for Ukraine.


In her State of the Union address on September 14, European Commission chief Ursula von der Leyen, issued an urgent appeal for solidarity between EU member states in tackling the energy crisis, and towards Ukraine. Von der Leyen need only look out her window to see that tensions are growing in capital cities across Europe due to the sharp rise in energy prices.

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In the Czech Republic, people are already taking to the streets, while opposition politicians elsewhere are looking to score points — and some countries' support for Ukraine may start to buckle.

With winter approaching, Europe is facing a true test of both its mettle, and imagination.

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Lithuania And Russia: A David-Goliath Standoff Getting Riskier By The Day

Vilnius is reportedly working out new rules with Brussels on allowing the transit of sanctioned Russian goods through Lithuania to the Kaliningrad enclave. But in the meantime, restrictions remain — and so does defiance vis-à-vis Moscow.

KALININGRAD — At a hardware store in Kaliningrad, men and women are heaving bags of cement into their shopping carts, while others film them on their mobile phones in disbelief. This scene, which did the rounds on social media in June, sums up the atmosphere in the Russian exclave bordered by Poland and Lithuania.

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The anxiety in Russia’s westernmost territory is palpable. Some residents are worried there will be shortages of products that were easily obtainable before restrictions came into force, while others are hoping everything will stay the same.

The population of Kaliningrad Oblast sits at around a million — of which 800,000 live in the city itself. Now they are in limbo. Lithuania’s implementation of EU sanctions means that although land routes to Russia are not completely shut off, the supply situation in the Russian exclave is uncertain.

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Major New EU Sanctions Against Russia Include Ban On Oil Imports

Testimonies are emerging of civilians being evacuated from Mariupol and Lyman, as Russian attacks on Ukrainian cities continue. Meanwhile, the EU has revealed plans to enforce its sixth package of sanctions against Moscow.

EU Commission President Ursula von der Leyen has announced a new package of sanctions against Russia. Speaking to the European Parliament on Wednesday morning, von der Leyen unveiled plans to ban Russian oil imports as well as a proposal to ban three banks, including Sberbank, the country’s biggest, from the SWIFT international payments networks.

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Von der Leyen also announced that three big Russian state-owned broadcasters “that amplify Putin's lies and propaganda aggressively” would be banned from EU airwaves. The proposal needs to be approved by all EU member states to become effective.

The ban on oil poses a serious risk to the European economy, and will require countries to seek other energy sources after having long been reliant on Russian supply.

"Let's be clear: It will not be easy,” said von der Leyen. “But we simply have to work on it. We will make sure that we phase out Russian oil in an orderly fashion, to maximize pressure on Russia, while minimizing the impact on our own economies."

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