EU envoys agree ban on Russian aluminium imports

EU envoys agree ban on Russian aluminium imports in new sanctions package
EU envoys on Wednesday agreed on the 16th package of sanctions against Russia, EU diplomats said on Monday, including a ban on primary aluminium imports, sales of gaming consoles and the listing of 73 shadow fleet vessels.
EU Backs Gradual Russia Aluminum Ban in 16th Sanctions Package
European Union ambassadors agreed Wednesday to move forward with a fresh package of sanctions targeting Russian aluminum imports and its shadow oil tanker fleet as the bloc tries to tighten the pressure on Moscow for its invasion of Ukraine.
Hindalco, Nalco shares rise up to 4% as EU sanctions aluminium imports from Russia
Shares of Hindalco, Nalco jumped up to 4% on February 19 as European Union envoys agreed on the sixteenth package of sanctions against Russia. Sanctions include a Russian primary aluminum import ban and listing of 73 new shadow fleet vessels. The sanctions come days ahead of the third anniversary of Russia-Ukraine conflict.
EU agrees new Russia sanctions package
EU capitals have agreed a fresh sanctions package against Russia, as Brussels vows to step up pressure on Moscow and support for Kyiv despite US-led negotiations to end the war in Ukraine. The bloc’s 16th package of sanctions against Russia since it launched its full-scale war takes aim at the country’s aluminium industry and further tightens restrictions on its oil exports.

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