As the US moves to impose sanctions on Russia over Crimea, the EU calls
for more negotiations. The European Union and the United States have
threatened Russia with punitive measures if Moscow does not reduce
tensions in Ukraine. But some European countries are reluctant to impose
sanctions due to close trade ties with Russia.
Scrambling to react to the crisis in Crimea, the Obama administration has threatened Russian officials with visa bans and asset freezes, if the Kremlin refuses to roll back its military intervention in the Black Sea peninsula. But the European Union has proven reluctant to follow suit, holding out hope that diplomacy can resolve the Cold War-style crisis on its doorstep.
The White House has already suspended military ties and trade talks with Moscow, while the entire Group of Seven (G7) industrialized nations have agreed to not participate in preparations for their summit in Sochi this June.
Meanwhile, EU foreign ministers met in Brussels on Monday, where they strongly condemned "the clear violation of Ukrainian sovereignty and territorial integrity by acts of aggression by the Russian Federation."
Although the EU threatened to suspend bilateral talks with Moscow on trade and visa liberalization and "consider further targeted measures," the bloc did not explicitly place the threat of economic sanctions on the table.
The EU's 28 leaders are scheduled to meet for an emergency summit on Thursday, where they will consider whether or not to impose punitive measures.
Read more: Trade ties expose EU, US rift over Russia sanctions | World | DW.DE | 05.03.2014
Scrambling to react to the crisis in Crimea, the Obama administration has threatened Russian officials with visa bans and asset freezes, if the Kremlin refuses to roll back its military intervention in the Black Sea peninsula. But the European Union has proven reluctant to follow suit, holding out hope that diplomacy can resolve the Cold War-style crisis on its doorstep.
The White House has already suspended military ties and trade talks with Moscow, while the entire Group of Seven (G7) industrialized nations have agreed to not participate in preparations for their summit in Sochi this June.
Meanwhile, EU foreign ministers met in Brussels on Monday, where they strongly condemned "the clear violation of Ukrainian sovereignty and territorial integrity by acts of aggression by the Russian Federation."
Although the EU threatened to suspend bilateral talks with Moscow on trade and visa liberalization and "consider further targeted measures," the bloc did not explicitly place the threat of economic sanctions on the table.
The EU's 28 leaders are scheduled to meet for an emergency summit on Thursday, where they will consider whether or not to impose punitive measures.
Read more: Trade ties expose EU, US rift over Russia sanctions | World | DW.DE | 05.03.2014
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