Estonia PM speaks against easing Russia sanctions, calls for tighter G7 oil cap

Estonian Prime Minister Kaja Kallas on Thursday spoke against any weakening of sanctions against Russia under a deal to export Ukrainian grain through the Black Sea, and called for the G7 to tighten its oil cap to squeeze Russia's revenue more. She spoke against any weakening of sanctions against Russia as sought by Moscow in the grain deal talks.


Reuters | Updated: 23-03-2023 15:58 IST | Created: 23-03-2023 15:38 IST
Estonia PM speaks against easing Russia sanctions, calls for tighter G7 oil cap
Kaja Kallas Image Credit: Wikipedia
  • Country:
  • Estonia

Estonian Prime Minister Kaja Kallas on Thursday spoke against any weakening of sanctions against Russia under a deal to export Ukrainian grain through the Black Sea, and called for the G7 to tighten its oil cap to squeeze Russia's revenue more. "We know that Russia is earning less from the oil... we see the economic sanctions, including the oil price cap, are having am effect on the Russian economy and their ability to fuel the war machine," she said on arriving to talks among the EU's 27 national leaders in Brussels on Thursday and Friday.

"We should continue with that," she said, adding that Estonia would agree to raise the cap again should oil prices rise. She spoke against any weakening of sanctions against Russia as sought by Moscow in the grain deal talks. "We shouldn't weaken the sanctions," she said, adding Russia could still use 18 ports for its agri-food exports to third countries and that only a dozen-or-so of Russian banks were targeted by Western sanctions.

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