US, South Korea create a group to block Russian oil supply to North Korea
Category
Economics
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US, South Korea create a group to block Russian oil supply to North Korea

oil
Source:  Reuters

The US and South Korea have formed a new task force aimed at preventing North Korea from buying illegal oil from Russia.

The U.S. and South Korea will block Russian oil in North Korea

The first meeting of the EDTF (Enhanced Disruption Task Force) group took place on March 26 in Washington.

More than 30 officials from ministries and departments responsible for diplomacy, intelligence, sanctions, and maritime traffic prohibition attended the meeting.

The South Korean Foreign Ministry noted that both sides expressed concern over Russia's supply of oil to North Korea and discussed ways to end illegal cooperation between Moscow and Pyongyang.

Oil is an important resource for North Korea's nuclear and missile development and military power, the statement said.

The U.S. State Department said a U.S.-South Korean task force is considering potential actions to disrupt North Korea's petroleum procurement networks. These include exposing sanctions evasion activities, imposing unilateral sanctions, and engaging the private sector and third parties across the region that knowingly or unwittingly contribute to the supply of oil.

What is known about the supply of Russian oil to North Korea

The sea shipments from Russia, which began on March 7, are the first documented since the U.N. Security Council — with Moscow's approval — imposed severe restrictions on oil supplies in 2017 in response to North Korea's nuclear weapons tests.

These oil shipments are a full-scale assault on the sanctions regime, which is now on the verge of collapse, said former UN coordinator of the group Hugh Griffiths.

All North Korean-flagged vessels, classified as oil tankers, were called at the same Russian oil company berth in the Eastern Port, where they loaded.

Satellite images confirmed that the two ships left the Eastern port for the North Korean port of Chongjin, where they likely unloaded.

Russia began supplying North Korea with oil in exchange for weapons

Category
Economics
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EU extends "transport visa-free regime" with Ukraine

Denis Shmyhal
a car

The agreement on the liberalization of freight transport between Ukraine and the European Union has been extended until the end of 2025.

Points of attention

  • The EU has extended the 'transport visa-free regime' between Ukraine and the European Union until the end of 2025, leading to increased freight traffic and economic development in Ukraine.
  • During the period of the 'transport visa-free regime,' Ukrainian exports to the EU by road saw a 42% increase, while imports to Ukraine by road grew by 37%, showcasing the positive impact of this agreement.
  • The 'transport visa-free regime' plays a crucial role in Ukraine's sectoral integration into Europe and enhances the country's chances for future membership in the European Union.

"Transport visa-free regime" between Ukraine and the European Union extended

This was reported by the Prime Minister of Ukraine Denys Shmyhal.

According to Shmyhal, this is the fourth extension of the "transport visa-free regime." He added that during this time, Ukrainian exports by road to the EU have increased by 42%, and imports by road to Ukraine by 37%.

"Visa-free travel" is part of Ukraine's sectoral integration into Europe and a prerequisite for our membership in the European Union.

Denys Shmyhal

Denys Shmyhal

Prime Minister of Ukraine

"Visa-free transport" is a special agreement that simplifies road freight transportation between Ukraine and the countries of the European Union. Its official name is the Agreement on Road Freight Transportation, which Ukraine signed with the EU back in 2022.

According to the agreement, Ukrainian carriers can freely transport goods within the EU without the need to obtain separate permits.

Category
Ukraine
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When will Ukraine receive new F-16s — the response of the Prime Minister of Belgium

Belgium will keep its promise to provide Ukraine with F-16s
Source:  UNIAN

Belgian Prime Minister Bart de Wever announced that Ukraine will receive two F-16 aircraft from his country by the end of 2025, but for spare parts. Two more fighters will arrive in 2026.

Points of attention

  • Belgium is waiting for the F-35s to arrive before transferring more fighter jets to Ukraine, ensuring no delays in the agreed delivery timeline.
  • Bart de Wever reassured that Belgium will keep its word and deliver the promised F-16s to Ukraine once the F-35s are received, demonstrating a strong partnership between the two countries.

Belgium will keep its promise to provide Ukraine with F-16s

Bart de Wever shared his country's plans during a joint press conference with Ukrainian leader Volodymyr Zelensky in Kyiv.

We promised to become the largest supplier of F-16s to Ukraine. Of course, we will keep our word. Two F-16s for spare parts will arrive this year. Two aircraft will arrive next year.

Bart de Wever

Bart de Wever

Prime Minister of Belgium

According to the politician, he hopes that Belgium will be able to transfer even more fighter jets to Ukraine.

Currently, as is known, Brussels is waiting for the promised F-35s.

"There are no delays on our part. As soon as we receive the F-35, Ukraine can immediately receive the F-16. We will immediately deliver the F-16s that we promised to Ukraine," Bart de Wever emphasized.

By the way, during his visit to Kyiv, he also announced the allocation of one billion euros in aid to Ukraine.

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