BOTA

The EU prepares the eighth package of sanctions against Russia

The EU prepares the eighth package of sanctions against Russia

European Union foreign ministers have agreed to prepare new sanctions against Russia and increase arms shipments to Kiev.

The bloc's 27 foreign ministers are in New York for the annual gathering of world leaders at the United Nations to informally discuss how to respond to the latest developments.

EU foreign policy chief Josep Borrell said Russian President Vladimir Putin's announcement of partial mobilization, which included moves to annex parts of Ukrainian territory, and a threat to use nuclear weapons to defend Russia, showed panic and despair.

"It's clear that Putin is trying to destroy Ukraine," Borrell told reporters after ministers met to decide how to respond.

The EU prepares the eighth package of sanctions against Russia

After being briefed by Ukrainian Foreign Minister Dmytro Kuleba, the ministers agreed to task their teams with preparing a package of eight sanctions that would target key sectors of the Russian economy and continue to target people responsible for fighting the aggression in Ukraine.

EU ministers will hold their next official meeting in mid-October, when a package of sanctions could be formalised.

The ministers also agreed to increase arms supplies to Ukraine.

According to the Politico newspaper, the sanctions plan includes capping the price of Russian oil and banning the import of Russian luxury goods.