The role of sanctions in countering the Russian Federation’s war of aggression against Ukraine

Amendment No. 1 | Doc. 16000 | 24 June 2024

Signatories:

Mr Oleksii GONCHARENKO, Ukraine, EC/DA ; Ms Larysa BILOZIR, Ukraine, ALDE ; Ms Mariia MEZENTSEVA, Ukraine, EPP/CD ; Mr Serhii SOBOLIEV, Ukraine, EPP/CD ; Mr Markus WIECHEL, Sweden, EC/DA ; Mr Emanuelis ZINGERIS, Lithuania, EPP/CD

Origin

2024 - Third part-session

In the draft resolution, after paragraph 8, insert the following paragraph:

"The Assembly draws attention to the other critical sectors of the Russian Federation’s economy that need to be targeted by sanctions. For instance, Russian liquefied natural gas (LNG) is still making its way onto the European market, representing around 15% of the total supply. In 2023 alone, the Russian Federation earned US$99 billion from the supply of gas."

Explanatory note

Self-explanatory