Germany proposes sanctions on Russia's nuclear industry.
April 17, 2023Tweet
Germany's economy ministry has asked the European Commission to impose
sanctions on Russia's nuclear energy sector. With its members divided on
the idea, the EU has thus far refrained from including nuclear fuels in
its sanctions packages. Germany shut down its last three nuclear power
stations on Saturday, defying calls to extend their operation. Five
members of the G7 group announced that they would develop supply chains
for nuclear fuel that exclude Russia, in a bid to force the country out
of the international nuclear energy market. Russia is one of the world's
largest uranium producers and supplied the EU with around 20% of its
imported uranium in 2020.
The EU has imposed ten packages of economic sanctions, but obtaining the
unanimous consent from its members to pass an eleventh package could
prove difficult, with Hungary vowing to oppose such a measure. France
also cooperates extensively with Rosatom, though its position on
sanctioning the company is unclear. In a post to Twitter on Saturday,
Sven Giegold, a state secretary in the German finance ministry, said
that Berlin will "try to convince" Paris to follow its lead and cut
itself off from Russian uranium.