The European Union has extended the exemption for the import of Russian oil products to the Czech Republic until December 5, 2024, but only in volumes comparable to the last five years. If alternatives become available before that date, the EU Council has promised to end the derogation. The Council informed about this as part of the approval of the twelfth package of anti-Russian sanctions.
The previous exemption from sanctions against Russia, which allowed Bratislava’s Slovnaft refinery to export Russian oil products to the Czech Republic, ended on December 5.
The new set of sanctions, which the EU approved on Monday, affects, among other things, the profits that flow from diamond exports to Russia. In the package, the European Union introduces, among other things, a direct and indirect ban on the import, purchase or transfer of diamonds from Russia. This ban applies to diamonds originating in Russia, exported from Russia, transported through Russia, and Russian diamonds processed in third countries.