Putin Signs Decree on New Retaliatory Sanctions against West

A general view shows an empty embankment near the Kremlin, after the city authorities announced a partial lockdown ordering residents to stay at home to prevent the spread of coronavirus disease (COVID-19), in central Moscow, Russia March 30, 2020. REUTERS/Evgenia Novozhenina
A general view shows an empty embankment near the Kremlin, after the city authorities announced a partial lockdown ordering residents to stay at home to prevent the spread of coronavirus disease (COVID-19), in central Moscow, Russia March 30, 2020. REUTERS/Evgenia Novozhenina
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Putin Signs Decree on New Retaliatory Sanctions against West

A general view shows an empty embankment near the Kremlin, after the city authorities announced a partial lockdown ordering residents to stay at home to prevent the spread of coronavirus disease (COVID-19), in central Moscow, Russia March 30, 2020. REUTERS/Evgenia Novozhenina
A general view shows an empty embankment near the Kremlin, after the city authorities announced a partial lockdown ordering residents to stay at home to prevent the spread of coronavirus disease (COVID-19), in central Moscow, Russia March 30, 2020. REUTERS/Evgenia Novozhenina

Russian President Vladimir Putin has signed a decree on retaliatory economic sanctions in response to the "unfriendly actions of certain foreign states and international organizations", the Kremlin said on Tuesday.

According to the decree, Russia will forbid the export of products and raw materials to people and entities that it has sanctioned.

The decree also prohibits transactions with foreign individuals and companies hit by Russia's retaliatory sanctions and permits Russian counterparties not to fulfill obligations towards them.

The European Union hopes to pass the sixth round of sanctions against Russia at the next meeting of the EU Foreign Affairs Council, the bloc's chief diplomat said on Monday.

Josep Borrell told a news conference in Panama City, where he is on an official visit, the bloc hopes to curb Russia's energy exports as part of its efforts to sanction Moscow over its invasion of Ukraine.

The European Commission, the executive branch of the union, is expected to propose the package of EU sanctions this week, including a potential embargo on buying Russian oil - a measure that would deprive Moscow of a large revenue stream, but that has so far divided EU countries.

Borrell, who chairs the Foreign Affairs Council meetings, said he hopes the EU will be able to take "measures to significantly limit these imports" but conceded so far there is no agreement from all the members.



Finland Hails Plan for Allies to Join NATO Land Forces on its Soil

Finnish Defense Minister Antti Hakkanen attends a meeting of the Ukraine Defense Contact Group on the eve of a NATO defense ministers' meeting at the alliance's headquarters in Brussels, Belgium February 12, 2025. REUTERS/Johanna Geron/ File Photo
Finnish Defense Minister Antti Hakkanen attends a meeting of the Ukraine Defense Contact Group on the eve of a NATO defense ministers' meeting at the alliance's headquarters in Brussels, Belgium February 12, 2025. REUTERS/Johanna Geron/ File Photo
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Finland Hails Plan for Allies to Join NATO Land Forces on its Soil

Finnish Defense Minister Antti Hakkanen attends a meeting of the Ukraine Defense Contact Group on the eve of a NATO defense ministers' meeting at the alliance's headquarters in Brussels, Belgium February 12, 2025. REUTERS/Johanna Geron/ File Photo
Finnish Defense Minister Antti Hakkanen attends a meeting of the Ukraine Defense Contact Group on the eve of a NATO defense ministers' meeting at the alliance's headquarters in Brussels, Belgium February 12, 2025. REUTERS/Johanna Geron/ File Photo

Finnish Defense Minister Antti Hakkanen hailed plans on Wednesday for six NATO member states including Britain and France to participate in land forces that are to be established in northern Finland. Finland, which has a longer border with Russia than any other NATO state, has strengthened the frontier in the two years since it joined the military alliance following a policy U-turn after Moscow's invasion of Ukraine in 2022, Reuters reported.

"I am very pleased that yesterday, in connection with the ministerial meeting, we were able to announce that Sweden, the United Kingdom, France, Norway, Denmark and Iceland are set to join FLF Finland," Hakkanen said on X, referring to what NATO calls Forward Land Forces.

NATO leaders were meeting on Wednesday in The Hague.

Helsinki and Stockholm agreed last year that Sweden would lead the establishment of a NATO land force in Finland and invited other allies to participate.

The number of troops is yet to be defined. But the Finnish defense ministry has said that there is a plan for up to a brigade - about 5,000 soldiers - and a significant number of equipment to be brought in if the security situation worsens.

The first NATO land forces will start to arrive this year and be placed above the Arctic circle in Rovaniemi and Sodankyla, it said.

In addition to the foreign reinforcement force in the north, Finland will host a new NATO land force headquarters for officers in Mikkeli, southern Finland, an about two-hour drive from the Finnish-Russian border.