Latvia calls for EU ban on provision of maritime services to Russian vessels

Latvian Foreign Minister Baiba Braže has called for a ban on European companies providing "maritime services" to Russian vessels.

Source: Braže on X (Twitter), as reported by European Pravda

Details: Braže recalled that a reduced price cap on Russian crude oil exported by sea came into force in the EU on 1 February – US$44.10 per barrel.

Quote from Braže: "Next step – full maritime services ban, which would ensure that EU companies are not supporting Russian trade, while cutting income in Russia's budget."

Details: A ban on providing maritime services to Russian vessels is one of the expected components of the EU's 20th sanctions package against Russia, which is planned to be symbolically adopted on 24 February, the fourth anniversary of Russia's full-scale invasion of Ukraine.

The European Commission is expected to publish its proposal on the content of the package next week. France wants the EU's 20th sanctions package against Russia to be "particularly tough" with regard to the shadow fleet.

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