Economy: EU aimed at Russia's mining industry - Financial Times

The fourth part of foreign investments in the Russian Federation was the production of gold, iron, uranium and phosphates. European Union countries intend to limit the financing of this area in Russia in order to further weaken the Russian economy. Thus, the EU is to reduce the ability of the Russian Federation to wage war in Ukraine. The authors of the publication stressed that new restrictions will not extend to some specific products.

The publication reports that the ninth package of sanctions can be agreed by the EU countries by the end of next week. New restrictions will also be imposed on civil technologies that Russia is probably used to support its military industry. In addition, the ninth package of sanctions will be a ban on work with three other banks of the Russian Federation, as well as personal sanctions against 180 people.

Financial Times noted that the European Commission has refused to comment on the content of the ninth package of sanctions against Russia. Recall that according to experts, the desire of the President of the Russian Federation Vladimir Putin for the competitive military industry is unattainable. The American Institute of War Study stated that the Russian Federation has problems with supply and with a military-industrial base.

Focus also wrote that sanctions against Alexander Abramov and Oleksandr Frolov, which are related to the extractive, transport and construction industries of Russia, were imposed in Britain. They belonged to the metallurgical and mining company Evraz Group. We also wrote that despite economic sanctions, the Russian Federation continues to produce winged missiles. Conflict Armament Research experts found that in the recent shelling of Kyiv, Russia used ammunition made several months before use.