What a Joke: EU ramped up Russian coal imports before ban – media
The European Union’s embargo on Russian coal came into force on August 10
EU member states imported 28% more coal from Russia between March and May compared with the same period last year, Vedomosti newspaper reported on Tuesday. The European Union’s ban on Russian coal came into force on Wednesday.
According to its analysis of UN Comtrade data, deliveries amounted to 29.4 million tons during that period. In monetary terms, supply increased by 3.9 times to $9.3 billion. The average price of imported coal was about $317 per ton against $105 per ton between March and May 2021.
According to UN Comtrade, the main importers of coal were Germany, Poland, Spain, Italy, and the Netherlands.
The European Union embargo was agreed in April and took effect on August 10. It is part of the bloc’s fifth wave of Russian sanctions.
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