The HEADLINE spin is “EU Bans Russian Gold Imports!” But the fine print says something completely different:
The ban on most aircraft parts is lifted, in return for supplying Airbus with needed Russian materials such as Aluminum and Titanium.
EU countries can now buy Russian Oil and gas, but not “Directly”, only through a third party (like Saudi Arabia, Dubai, or Turkey.
Sanctions on several Russian ports are lifted, to allow the transport of food to Europe.
⚡️In addition, it is allowed to conduct business with a number of Russian state institutions when it comes to the supply of agricultural products or the transportation of oil to third countries. t.co/Opd8acNgmB
— Flash (@Flash43191300) July 21, 2022
EU to adopt on Friday new Russia sanctions which will add a ban to the import of Russian #gold and tweak existing restrictive measures to avoid hampering food exports, tweaks to avert food shortages – sources t.co/Bk5buAQZ6K via @Reuters pic.twitter.com/XxAWJa3zPg
— 🇪🇺 🇲🇨🇨🇭Dan Popescu 🇫🇷🇮🇹🇷🇴 (@PopescuCo) July 15, 2022
h/t Flying Elvii