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00:00In the last two weeks, Russian Shahid drones have violated our union's airspace, both in Poland and in Romania.
00:11These are not the actions of someone who wants peace.
00:15Again and again, President Putin has escalated and in response, Europe is increasing its pressure.
00:23This is why today I'm presenting the 19th package of sanctions.
00:30Russia's war economy is sustained by the revenues from fossil fuels.
00:35We want to cut these revenues.
00:39So we are banning imports of Russian LNG into European markets.
00:44It is time to turn off the tap.
00:48We are now going after these who fuel Russia's war by purchasing oil in breach of the sanctions.
00:55We target refineries, oil traders, petrochemical companies in third countries, including China.
01:05In three years, oil revenues from Russia have gone down in Europe by more than 90%.
01:12Now we're turning that page for good.
01:17Therefore, for the first time, our restrictive measures will hit crypto platforms and prohibitive transactions in cryptocurrencies.
01:27We're listing foreign banks connected to Russian alternative payment service systems.
01:33And we are restricting transactions with entities in special economic zones.
01:40We will continue to use all the tools at our disposal to bring this brutal war to an end.
01:48I now call on member states to quickly endorse these new sanctions.
01:54We want Russia to leave the battlefield and come to the negotiation table.
02:00And this is the way to give peace a real chance.
02:04Thank you.
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