European Commission President Ursula von der Leyen announced the areas to be covered by the fifth package of EU sanctions against Russia.
"Russia is waging a cruel, ruthless war, also against Ukraine’s civilian population. We need to sustain utmost pressure at this critical point. So today, we are proposing the 5th package of sanctions.
"1-An import ban on coal from Russia, worth €4 billion per year, cutting another important revenue source for Russia. 2-A full transaction ban on four key Russian banks, among them VTB, the 2nd largest Russian bank. 3- A ban on Russian and Russian-operated vessels from accessing EU ports and a ban on Russian and Belarusian road transport operators. 4- Further export bans, worth €10 billion, in crucial areas: advanced semiconductors, machinery, and transport equipment. 5-Specific new import bans worth €5.5 billion euros. 6- Targeted measures, such as a ban on participation of Russian companies in public procurement in and exclusion of all financial support, EU or national to Russian public bodies," she tweeted.