Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

EU cool to U.S. plan for new Russia sanctions over Syria

Published 04/16/2018, 05:45 AM
Updated 04/16/2018, 05:50 AM
© Reuters. Danish Foreign Minister Samuelsen and French Minister for Foreign Affairs Le Drian talk with Britain's Foreign Secretary Johnson, EU commissioner Hahn and Austrian Foreign Minister Kneissl during EU foreign ministers meeting in Luxembourg

By Robin Emmott and Gabriela Baczynska

LUXEMBOURG (Reuters) - European Union foreign ministers looked unlikely to join the United States on Monday in imposing new economic sanctions on Russia or Syria over chemical weapons attacks that prompted the first coordinated Western air strikes in Syria.

After Britain and France joined the United States in missile salvoes meant to cripple Syrian chemical arms facilities and prevent their further use, Western leaders sought to emphasis diplomacy, with an EU foreign ministers meeting in Luxembourg.

"It is very important to stress (the strikes are) not an attempt to change the tide of the war in Syria or to have a regime change," British Foreign Secretary Boris Johnson told reporters on arrival at the meeting.

"I'm afraid the Syrian war will go on in its horrible, miserable way. But it was the world saying that we've had enough of the use of chemical weapons," he said.

In Luxembourg, ministers were set to release a statement to keep open the option of new travel bans and asset freezes on Syrians the West accuses of links to the April 7 poison gas attacks on a rebel enclave outside Damascus. But diplomats foresaw no decisions on Monday, especially against Russians.

"We have to keep pushing to get a ceasefire and humanitarian aid through the (United Nations) Security Council and eventually a peace process," Dutch Foreign Minister Stef Blok told reporters.

"The only solution is a peace process through the Security Council," said Blok, who met his Russian counterpart Sergei Lavrov in Moscow on Friday.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The United States is due to announce new economic sanctions on Russia aimed at companies it alleges were dealing with equipment related to chemical weapons, according to U.S. ambassador to the United Nations, Nikki Haley. [nL1N1RS08K]

[nL8N1RS0BR]

However, EU diplomats cautioned that until European governments had more idea of what the United States was planning, it was not possible to quickly follow suit. In the past, EU measures have sometimes come months after Washington's.

Russia is Europe's biggest energy supplier and, while the EU has imposed significant sanctions on Moscow's financial, energy and defense sectors over the crisis in Ukraine, close ties between Russia and some EU members complicate discussions about new punitive measures.

The European Union has already imposed a range of economic sanctions on Syrian President Bashar al-Assad's government, cutting off most diplomatic and economic links, but to no avail.

Within the EU, which is due to hold an international donor conference for Syria next week, most governments now agree that Assad cannot continue as president for peace talks to succeed.

"There will be a solution involving everyone who has influence on the region," German Foreign Minister Heiko Maas said in Luxembourg. "Nobody can imagine someone who uses chemical weapons against his own people to be part of this solution."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.