EU proposes sanctions on Georgian and Indonesian ports over Russian oil trade
The EU proposed sanctions on ports in Georgia and Indonesia for handling Russian oil. The package also bans metal imports and targets several foreign banks.
The European Union has proposed a significant expansion of its sanctions regime against Russia 
RU, marking the first time the bloc has moved to target port facilities located in third countries. Under the new proposal, which forms part of the EU’s 20th sanctions package, the Kulevi port in Georgia 
GE and the Karimun port in Indonesia 
ID would be added to the restricted list for their roles in handling Russian oil. If adopted, the measures would prohibit European companies and individuals from engaging in any transactions with these specific maritime hubs.
RU, marking the first time the bloc has moved to target port facilities located in third countries. Under the new proposal, which forms part of the EU’s 20th sanctions package, the Kulevi port in Georgia GE and the Karimun port in Indonesia ID would be added to the restricted list for their roles in handling Russian oil. If adopted, the measures would prohibit European companies and individuals from engaging in any transactions with these specific maritime hubs.The proposal, put forward by the European Commission and the European External Action Service (EEAS), seeks to broaden both the geographic and sectoral reach of existing trade restrictions. This includes a substantial widening of import bans on various commodities. Specifically, the new measures target the metals sector, covering nickel bars, iron ores and concentrates, unrefined and processed copper, and scrap metals including aluminium. Beyond metals, the list of prohibited imports would expand to include salt, ammonia, pebbles, silicon, and furskins.
