EU agrees on 12th sanctions package against Russia

European Union countries agreed on a 12th package of sanctions against Russia, the European Council said on Thursday, meaning that a phased ban on Russian diamond imports among other measures will come into effect from Jan. 1, Report informs via Reuters.

"The European Council welcomes the adoption of the 12th package of sanctions," its concluding statements said.

While the text of the package had been agreed by all countries earlier this week, diplomatic sources said, Austria held back on giving its final approval until late on Thursday. Austria said on Wednesday while it was not opposed, the capital needed time to examine the legal texts.