Energy and Food Summit from the European Union

European Union (EU) leaders are meeting in Brussels to discuss Ukraine, sanctions, energy and food. Ukrainian President Volodymyr Zelenskiy will attend the session on the first day of the grand summit. EU leaders will try to create an unanimous vote in the 6th package of sanctions planned to be implemented against Russia.

The leaders of the European Union (EU) countries will comprehensively discuss the war that started with Russia's invasion of Ukraine, the support packages to be provided to Ukraine, the sanctions to be made against Russia, energy, food security and defense. The EU Leaders' Summit, which will be attended by the heads of state or government of 27 EU member states, will last for two days. The President of the European Council, Charles Michel, will chair the meeting, and the President of the European Commission, Ursula von der Leyen, will also attend. The summit to take place will start with the 'Ukraine' session. President of Ukraine Volodymyr Zelenskiy will attend this session via video conference. While discussing the financial and humanitarian aid to Ukraine, the leaders will also discuss the country's reconstruction. Participants will evaluate the EU Commission's new macro-financial assistance proposal of up to 9 billion euros to ensure Ukraine has access to the financing it needs in the short term. In this session, it is expected that the issue of confiscation of the frozen assets of the Russians will also be on the agenda. It is estimated that the assets of Russian oligarchs worth 30 billion dollars have been frozen by EU member states so far. It is stated that due to the sanctions imposed on Russia, which occupied Ukraine, the Central Bank of Russia has frozen about 300 billion dollars of gold and foreign exchange reserves abroad. There are those who defend the view that the use of these resources in the reconstruction of Ukraine should be evaluated. This legal issue will take its place on the table. New Sanction Packages to be Discussed In this session of the summit, EU leaders will evaluate the 6th sanctions package planned to be implemented against Russia. While the European Union has implemented 5 sanctions packages against Russia so far, the EU Commission sent the draft of 6th sanctions package against Russia to the member states at the beginning of the month. In the package, high-ranking officers and some people involved in the Russia-Ukraine war were added to the sanctions list, Russia's largest bank, Sberbank, and 2 other banks were removed from the international payment system SWIFT, a broadcast ban was imposed on 3 channels belonging to the Russian state, Russia's interruption of access to consultancy services, the phasing out of crude oil supply from Russia in 6 months and the supply of refined products by the end of the year.