AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,972 Increased By 1644 (1.69%)
KSE30 30,784 Increased By 591.7 (1.96%)

BRUSSELS: European Union foreign ministers will meet on Monday to try to agree on further sanctions on Russia and Iran and an additional 2 billion euros ($2.11 billion) for arms deliveries to Ukraine.

However, it remained unclear whether Hungary will block some decisions, resorting to what diplomats have denounced as “blackmail diplomacy” due to a dispute over locked EU funds for Budapest.

“There is agreement, in principle, but there’s also the big elephant in the room,” a senior EU diplomat told reporters, referring to Budapest’s use of its veto power.

“It’s a type of blackmail diplomacy that we would rather not see but it is what it is.” Foreign ministers will discuss a ninth package of Russia sanctions that is set to place almost 200 more individuals and entities on the EU sanctions list.

They are also due to review new sanctions on Iranian people and organisations over human rights abuses in Tehran’s crackdown on protesters and the supply of drones to Russia.

They will also aim to top up by 2 billion euros a fund member states have used to finance arms purchases for Kyiv, but which has been largely depleted over almost 10 months of the war in Ukraine.

Ministers are expected to agree on a civilian mission to Moldova, which may ask for help in cyber defence, the fight against corruption or the strengthening of the rule of law.

Foreign ministers are also expected to pave the way for a three-year military mission to Niger, with 50-100 troops at first and later up to 300 to help the country improve their logistics and infrastructure.

EU at odds over gas price cap as 12 countries criticise latest proposal

One of the poorest countries in the world, Niger is seen at risk from a possible spillover of violence from neighbouring Mali, where Islamist militants are gaining ground following the withdrawal of French and other European forces.

Before their meeting, ministers will talk with the counterparts from the Eastern Partnership - Armenia, Azerbaijan, Georgia, Moldova and Ukraine - nations the EU has sought to stabilise in the face of Russia’s war in Ukraine.

Comments

Comments are closed.