EU does not agree to Russia’s oil embargo, leaders say

“We are not there yet,” said European Commission President Ursula von der Leyen. Estonian Prime Minister Kaja Kailas said it was more realistic to expect an agreement next month.

EU leaders will fail to agree on a Russian oil embargo at a summit in Brussels on Monday and Tuesday, leaders they said were not the end of weeks of bargaining on the matter, even though they later agreed to a deal. be hopeful for Sure, leaders are ready to agree in principle to the ban, a draft text has shown, but they will leave all the details and difficult decisions for later. “We are not there yet,” said European Commission President Ursula von der Leyen. Estonian Prime Minister Kaja Kailas said it was more realistic to expect an agreement next month.

“I don’t think we will reach an agreement today. We will try to reach an agreement until the summit in June, that is the realistic approach so far,” Callas said.

The next summit is scheduled for June 23-24.

Some complained harshly over the lack of deal.

“We’re a little bogged down in all the details and we’re forgetting the bigger picture,” Latvian Prime Minister Krisgenis Karins said.

aekcn36o

A tangible outcome of the summit should in any case be an agreement on a package of 9 billion euros ($9.7 billion) of EU debt.

“It’s only money, Ukrainians are paying with their lives,” he said, adding: “We can and we should support them, if only for selfish reasons because only after Russia’s defeat can we go to Europe.” I can feel safe.”

A draft text seen by Reuters – which is yet to be revised again – would confirm that the final sixth of the EU sanctions package would include a ban on marine oil imports, including pipeline oil supplies to Hungary, Slovakia and the Czech Republic. will be approved. some later points.

However, the leaders will not finalize a deal on it just yet, rather, they will ask diplomats and ministers to find a solution that will still ensure fair competition between Russian oil recipients and those cut off.

“These are not easy decisions,” Belgian Prime Minister Alexander de Cru said, adding: “I have no doubt that in the next days, in the next weeks, decisions will be taken.”

With Hungary being the main holdout on a deal on a Russian oil embargo, its prime minister, Viktor Orban, told an EU summit that things were not looking good over the oil embargo.

“There is absolutely no compromise for the moment,” Orban said. “We are ready to support the package … If there are solutions for Hungarian energy supply security, we just haven’t found them.”

A tangible outcome of the summit should in any case be an agreement on a package of 9 billion euros ($9.7 billion) of EU debt, with a small component of the grant to cover part of the interest, to Ukraine. For about two months to keep the government running and paying wages. However, a decision on how to raise the money will be taken later.

0 notes

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

for the latest auto news And reviewFollow carandbike.com Twitter, Facebookand ours. subscribe to youtube Channel.