Europe Prepares to Strengthen Russia Sanctions Amid Trump Reelection Concerns
European diplomats are devising strategies to maintain sanctions on Russia, fearing a potential shift in U.S. policy if Donald Trump returns to power.
- EU officials are discussing 'catch-all' clauses to prevent suspect goods shipments to Russia and considering extending the freeze on Russian central bank assets from six months to 36 months.
- Concerns arise that a Trump presidency may reverse U.S. sanctions on Russia, prompting Europe to enhance its independent enforcement measures.
- European countries aim to clamp down on mislabeled products and expand the 'No Russia clause' to restrict re-exports of dual-use goods and military items.
- Hungary's current EU presidency has stalled new sanctions, but Poland's upcoming leadership is expected to intensify the sanctions regime.
- Despite sanctions, Russia's shadow fleet continues to evade restrictions, prompting calls for tougher actions to curb its oil exports and economic lifelines.