Russian Foreign Minister Sergey Lavrov is in Abu Dhabi for talks. AFP
Russian Foreign Minister Sergey Lavrov is in Abu Dhabi for talks. AFP
Russian Foreign Minister Sergey Lavrov is in Abu Dhabi for talks. AFP
Russian Foreign Minister Sergey Lavrov is in Abu Dhabi for talks. AFP

Russia ready to cut ties with EU over sanctions


  • English
  • Arabic

Russian Foreign Minister Sergey Lavrov said Moscow was ready to sever ties with the European Union if the bloc hits it with economic sanctions, according to extracts from an interview posted on the ministry's website on Friday.

Germany described Mr Lavrov's comments as "disconcerting and incomprehensible".

Relations between Russia and the West are under renewed pressure over the arrest and jailing of Kremlin critic Alexei Navalny, which sparked talk of possible new sanctions.

Three European diplomats told Reuters on Thursday that the European Union was likely to impose travel bans and asset freezes on allies of Russian President Vladimir Putin, possibly as soon as this month, after France and Germany signalled their willingness to move ahead.

Pressure for sanctions has grown since Moscow infuriated European nations last week by expelling German, Polish and Swedish diplomats without telling the EU's foreign policy chief, who was in Moscow for a visit. Paris and Berlin say there must be a response.

European Union foreign policy chief Josep Borrell speaks after his meeting with Russia's Foreign Minister Sergey Lavrov in Moscow. Russian Foreign Ministry via Reuters
European Union foreign policy chief Josep Borrell speaks after his meeting with Russia's Foreign Minister Sergey Lavrov in Moscow. Russian Foreign Ministry via Reuters

Mr Lavrov was asked in an interview to be published in full later on Friday whether Moscow would now move towards cutting ties with the EU itself.

"We proceed from the fact that we're ready ... In the event that we again see sanctions imposed in some sectors that create risks for our economy, including in the most sensitive spheres," Mr Lavrov said.

"We don't want to isolate ourselves from global life, but we have to be ready for that. If you want peace then prepare for war."

EU ambassadors discussed the punitive measures at a meeting on Wednesday, with no objections raised by member states, diplomats familiar with the talks told Bloomberg.

The discussion came after EU foreign policy chief Josep Borrell weathered intense criticism over his trip to Moscow, when Mr Lavrov used a joint press conference to disparage the bloc, criticising the EU as an unreliable partner. Russia simultaneously announced that it would expel three diplomats from Poland, Germany and Sweden for their “recorded participation” in protests against the imprisonment of Mr Navalny. The EU countries reciprocated in kind.

After returning from Moscow, Mr Borrell said that "Europe and Russia are drifting apart".

At Wednesday’s meeting, at least 10 ambassadors expressed their disappointment at how Mr Borrell’s visit went, according to a diplomatic note seen by Bloomberg. Most of the same governments welcomed news that the discussion was shifting to tangible action, including sanctions.

The note added that the EU’s foreign ministers could take an initial decision on any restrictive measures when they meet on February 22. The EU’s 27 leaders will also discuss relations with Russia next month. Any decision to apply new sanctions would require unanimity.

A senior Navalny ally urged the EU to show “political will” as it considers punitive measures. “The EU doesn’t need to build a legal case that can be defended in court – sanctions are a political decision,” said Vladimir Ashurkov. “If not now, then when?”

Mr Ashurkov, who is based in London, took part in a video call with representatives of EU nations, the UK and US on Monday. He also sent a sanctions list of 35 Russians including senior officials, state bankers and billionaire oligarchs Roman Abramovich and Alisher Usmanov, to UK Foreign Secretary Dominic Raab.

“If eight are sanctioned, that would be a coup in itself, if 35 are sanctioned that would be huge leap,” Mr Ashurkov said.

A spokesman for Mr Abramovich said there was "no foundation" for the claims Mr Ashurkov made about the tycoons in his list. A representative for Mr Usmanov declined to comment.

Mr Navalny, 44, was detained in mid-January upon his return from Germany, where he was treated for the poisoning that he and western nations blamed on Russia's Federal Security Service. The Kremlin denied any role in the nerve-agent attack.

A Moscow court on February 2 sentenced Mr Navalny to two years and eight months in prison for breaching probation terms of a previous, suspended fraud conviction. His jailing sparked the biggest anti-Putin protests in years and a violent crackdown, with 11,000 arrests and the prosecution of Navalny aides. Russia rejected EU and US calls to free him.

UK%20record%20temperature
%3Cp%3E38.7C%20(101.7F)%20set%20in%20Cambridge%20in%202019%3C%2Fp%3E%0A
MATCH INFO

Uefa Champions League, last-16, second leg (first-leg scores in brackets):

PSG (2) v Manchester United (0)

Midnight (Thursday), BeIN Sports

Story%20behind%20the%20UAE%20flag
%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A
Citizenship-by-investment programmes

United Kingdom

The UK offers three programmes for residency. The UK Overseas Business Representative Visa lets you open an overseas branch office of your existing company in the country at no extra investment. For the UK Tier 1 Innovator Visa, you are required to invest £50,000 (Dh238,000) into a business. You can also get a UK Tier 1 Investor Visa if you invest £2 million, £5m or £10m (the higher the investment, the sooner you obtain your permanent residency).

All UK residency visas get approved in 90 to 120 days and are valid for 3 years. After 3 years, the applicant can apply for extension of another 2 years. Once they have lived in the UK for a minimum of 6 months every year, they are eligible to apply for permanent residency (called Indefinite Leave to Remain). After one year of ILR, the applicant can apply for UK passport.

The Caribbean

Depending on the country, the investment amount starts from $100,000 (Dh367,250) and can go up to $400,000 in real estate. From the date of purchase, it will take between four to five months to receive a passport. 

Portugal

The investment amount ranges from €350,000 to €500,000 (Dh1.5m to Dh2.16m) in real estate. From the date of purchase, it will take a maximum of six months to receive a Golden Visa. Applicants can apply for permanent residency after five years and Portuguese citizenship after six years.

“Among European countries with residency programmes, Portugal has been the most popular because it offers the most cost-effective programme to eventually acquire citizenship of the European Union without ever residing in Portugal,” states Veronica Cotdemiey of Citizenship Invest.

Greece

The real estate investment threshold to acquire residency for Greece is €250,000, making it the cheapest real estate residency visa scheme in Europe. You can apply for residency in four months and citizenship after seven years.

Spain

The real estate investment threshold to acquire residency for Spain is €500,000. You can apply for permanent residency after five years and citizenship after 10 years. It is not necessary to live in Spain to retain and renew the residency visa permit.

Cyprus

Cyprus offers the quickest route to citizenship of a European country in only six months. An investment of €2m in real estate is required, making it the highest priced programme in Europe.

Malta

The Malta citizenship by investment programme is lengthy and investors are required to contribute sums as donations to the Maltese government. The applicant must either contribute at least €650,000 to the National Development & Social Fund. Spouses and children are required to contribute €25,000; unmarried children between 18 and 25 and dependent parents must contribute €50,000 each.

The second step is to make an investment in property of at least €350,000 or enter a property rental contract for at least €16,000 per annum for five years. The third step is to invest at least €150,000 in bonds or shares approved by the Maltese government to be kept for at least five years.

Candidates must commit to a minimum physical presence in Malta before citizenship is granted. While you get residency in two months, you can apply for citizenship after a year.

Egypt 

A one-year residency permit can be bought if you purchase property in Egypt worth $100,000. A three-year residency is available for those who invest $200,000 in property, and five years for those who purchase property worth $400,000.

Source: Citizenship Invest and Aqua Properties

Anghami
Started: December 2011
Co-founders: Elie Habib, Eddy Maroun
Based: Beirut and Dubai
Sector: Entertainment
Size: 85 employees
Stage: Series C
Investors: MEVP, du, Mobily, MBC, Samena Capital

UAE currency: the story behind the money in your pockets
Contracted list

Ashton Agar, Alex Carey, Pat Cummins, Aaron Finch, Peter Handscomb, Josh Hazlewood, Travis Head, Usman Khawaja, Nathan Lyon, Glenn Maxwell, Shaun Marsh, Mitchell Marsh, Tim Paine, Matt Renshaw, Jhye Richardson, Kane Richardson, Billy Stanlake, Mitchell Starc, Marcus Stoinis, Andrew Tye.

Total eligible population

About 57.5 million people
51.1 million received a jab
6.4 million have not

Where are the unvaccinated?

England 11%
Scotland 9%
Wales 10%
Northern Ireland 14% 

Genesis G80 2020 5.0-litre Royal Specs

Engine: 5-litre V8

Gearbox: eight-speed automatic

Power: 420hp

Torque: 505Nm

Fuel economy, combined: 12.4L/100km

Price: Dh260,500

Match info

Karnataka Tuskers 110-3

J Charles 35, M Pretorius 1-19, Z Khan 0-16

Deccan Gladiators 111-5 in 8.3 overs

K Pollard 45*, S Zadran 2-18

Kandahar%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ric%20Roman%20Waugh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EGerard%20Butler%2C%20Navid%20Negahban%2C%20Ali%20Fazal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A