May 16, 2022

Russia sanctions and energy dominate Next WEEK

Russia’s battle on Ukraine and its political and financial implications proceed to dominate the EU agenda subsequent week.

On Monday (16 Could) EU international ministers will meet in Brussels and are anticipated to debate the EU sanctions coverage in opposition to Russia.

Negotiations amongst EU ambassadors, which continued on Friday and probably over the weekend, would possibly result in outcomes on the sixth bundle of sanctions in opposition to Moscow for invading Ukraine in February.

Some international locations are holding out on the deliberate oil embargo, with Hungary being probably the most vocal and staunch opponent of chopping oil imports from Russia.

On Monday, international ministers from the Western Balkan international locations are invited for lunch with their EU colleagues, because the bloc goals to calm nerves within the area — specifically, that the accession of Ukraine, Moldova and Georgia won’t imply a setback for the area with aspiring international locations.

“If we send a message to our eastern partners, we have to send a message to the Western Balkan countries too,” an EU diplomat mentioned on situation of anonymity.

Whereas a number of EU international locations, together with the Netherlands, France, Belgium, assume that the bloc can use different means than accession to maintain the Western Balkan international locations shut, different international locations, largely from the bloc’s japanese flank, argue accession is the perfect strategic software for the EU to maintain the area politically shut and peaceable.

International affairs ministers are additionally anticipated to carry a dialogue with Ukrainian international minister Dmytro Kuleba and Canadian international minister Mélanie Joly.

On Tuesday (17 Could) defence ministers will even discuss Russia, and are anticipated to satisfy with Nato secretary basic Jens Stoltenberg and Ukrainian defence minister Oleksiy Reznikov through video hyperlink.

The EU Fee on Wednesday (18 Could) is anticipated to place ahead the RePowerEU plan, which goals to assist the diversification of fossil gasoline imports within the bloc, because the EU goals to eliminate its dependence on Russian energy provides.

The identical day, the fee can be set to element a aid and reconstruction plan for Ukraine.

Russia’s invasion of Ukraine will dominate the parliament’s agenda as effectively.

On Monday, the commerce committee will vote to carry all import duties on any product coming from Ukraine, in an effort to assist the nation’s economic system.

On Thursday (19 Could), MEPs are set to debate the prosecution of Russian battle crimes and genocide in Ukraine.

European lawmakers are additionally anticipated on Thursday to debate energy safety after Russia’s invasion and the latest cuts of the gasoline provide to Poland and Bulgaria.

On Wednesday, Moldovan president Maia Sandu will tackle MEPs on the battle in Ukraine and its penalties.

Local weather strikes

MEPs within the surroundings committee will on Tuesday and Wednesday undertake six stories, a part of the EU’s “Fit for 55” bundle, which goals to cut back greenhouse gasoline emissions by at the least 55 p.c by 2030 in comparison with 1990 ranges and obtain local weather neutrality by 2050.

The subjects of the stories embody the Emissions Buying and selling System (ETS), and the Carbon Border Adjustment Mechanism.

Fb whistleblower Frances Haugen is anticipated on Wednesday to debate with MEPs within the inside market committee the affect of the lately agreed Digital Providers Act (DSA) and the Digital Markets Act (DMA), which purpose to control platforms.

MEPs on Wednesday will debate — and vote on Thursday — on the EU Fee’s proposal on implementing the worldwide settlement establishing a worldwide minimal company tax charge of 15 p.c.

Fee providers have been additionally anticipated to spell out the spring financial bundle and give an replace on how the EU’s economies are weathering excessive inflation and energy costs.

Source link