BR100 Decreased By (-0.28%)
BR30 Decreased By (-0.09%)
KSE100 Decreased By (-0.18%)
KSE30 Decreased By (-0.25%)
AGHA 7.75 Decreased By ▼ -0.06 (-0.77%)
BECO 5.18 Decreased By ▼ -0.03 (-0.58%)
BML 57.55 Increased By ▲ 0.05 (0.09%)
BOP 34.30 Increased By ▲ 0.27 (0.79%)
CNERGY 10.03 Increased By ▲ 0.07 (0.7%)
CSIL 5.33 Increased By ▲ 0.02 (0.38%)
FCCL 54.55 Decreased By ▼ -0.15 (-0.27%)
FFL 16.59 Decreased By ▼ -0.10 (-0.6%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 7.29 Decreased By ▼ -0.11 (-1.49%)
KOSM 5.80 Increased By ▲ 0.03 (0.52%)
LOTCHEM 29.40 Increased By ▲ 0.08 (0.27%)
MLCF 93.89 Decreased By ▼ -0.47 (-0.5%)
NBP 201.90 Decreased By ▼ -1.15 (-0.57%)
NCPL 57.10 Increased By ▲ 0.10 (0.18%)
NPL 67.70 No Change ▼ 0.00 (0%)
OGDC 316.50 Increased By ▲ 0.66 (0.21%)
PACE 10.60 Decreased By ▼ -0.04 (-0.38%)
PAEL 42.99 Decreased By ▼ -0.21 (-0.49%)
PIBTL 16.64 Decreased By ▼ -0.10 (-0.6%)
PPL 218.99 Decreased By ▼ -0.79 (-0.36%)
PRL 50.15 Increased By ▲ 0.96 (1.95%)
PTC 70.50 Decreased By ▼ -0.03 (-0.04%)
SSGC 27.75 Decreased By ▼ -0.50 (-1.77%)
TBL 9.78 Decreased By ▼ -0.08 (-0.81%)
TELE 8.73 Decreased By ▼ -0.06 (-0.68%)
TPL 18.60 Increased By ▲ 0.36 (1.97%)
TPLP 13.56 Increased By ▲ 0.29 (2.19%)
TREET 22.65 Decreased By ▼ -0.07 (-0.31%)
TRG 60.20 Increased By ▲ 0.06 (0.1%)
By

MOSCOW: The Kremlin on Friday warned the European Union against plans to impose tariffs on its grain exports and use profits from frozen Russian assets to arm Ukraine.

Ukraine has heaped pressure on Europe to cut off all sources of revenue for Russia, as Kyiv grapples with routine air strikes and hold ups to vital aid from its biggest ally Washington.

EU leaders agreed this week to “take work forward” on a plan to use the billions of euros worth of seized Russian assets to arm Ukraine, while also eyeing a tariff on Russian grain imports.

“Consumers in Europe would definitely suffer,” Kremlin spokesman Dmitry Peskov said, when asked about the proposed EU duty on grain. “Another clear example of unfair competition,” he added.

Russia says EU frozen assets plan is theft, will lead to decades of lawsuits

When asked about Brussels’ plans for the seized Russian assets, Peskov said there would be “serious consequences for those who made them and those who implemented them.”

EU countries have been wrangling for months over what to do with the assets, most of which were frozen shortly after Moscow launched a military assault on its neighbour.

Comments

Comments are closed for this article.