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


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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.

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

What sanctions would be reimposed?

Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

  • An arms embargo
  • A ban on uranium enrichment and reprocessing
  • A ban on launches and other activities with ballistic missiles capable of delivering nuclear weapons, as well as ballistic missile technology transfer and technical assistance
  • A targeted global asset freeze and travel ban on Iranian individuals and entities
  • Authorisation for countries to inspect Iran Air Cargo and Islamic Republic of Iran Shipping Lines cargoes for banned goods
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Specs

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

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Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Ukraine%20exports
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UAE currency: the story behind the money in your pockets
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

THE SPECS

Engine: 2.0-litre four-cylinder turbo

Transmission: eight-speed automatic

Power: 258hp at 5,000-6,500rpm

Torque: 400Nm from 1,550-4,400rpm

Fuel economy, combined: 6.4L/100km

Price, base: from D215,000 (Dh230,000 as tested)

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DUBAI CARNIVAL RESULTS

6.30pm Handicap US$135,000 (Turf) 2,410m

Winner Dubai Future, Harry Bentley (jockey), Saeed bin Suroor (trainer).

7.05pm UAE 1000 Guineas Listed $250,000 (Dirt) 1,600m

Winner Dubai Love, Patrick Cosgrave, Saeed bin Suroor.

7.40pm Dubai Dash Listed $175,000 (T) 1,000m

Winner: Equilateral, James Doyle, Charles Hills.

8.15pm Al Bastakiya Trial Conditions $100,000 (D) 1.900m

Winner Laser Show, Kevin Stott, Saeed bin Suroor.

8.50pm Al Fahidi Fort Group Two $250,000 (T) 1,400m

Winner Glorious Journey, James Doyle, Charlie Appleby.

9.25pm Handicap $135,000 (D) 2,000m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

The biog

Place of birth: Kalba

Family: Mother of eight children and has 10 grandchildren

Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken

Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah

Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”

Roll of honour

Who has won what so far in the West Asia Premiership season?

Western Clubs Champions League - Winners: Abu Dhabi Harlequins; Runners up: Bahrain

Dubai Rugby Sevens - Winners: Dubai Exiles; Runners up: Jebel Ali Dragons

West Asia Premiership - Winners: Jebel Ali Dragons; Runners up: Abu Dhabi Harlequins

UAE Premiership Cup - Winners: Abu Dhabi Harlequins; Runners up: Dubai Exiles

West Asia Cup - Winners: Bahrain; Runners up: Dubai Exiles

West Asia Trophy - Winners: Dubai Hurricanes; Runners up: DSC Eagles

Final West Asia Premiership standings - 1. Jebel Ali Dragons; 2. Abu Dhabi Harlequins; 3. Bahrain; 4. Dubai Exiles; 5. Dubai Hurricanes; 6. DSC Eagles; 7. Abu Dhabi Saracens

Fixture (UAE Premiership final) - Friday, April 13, Al Ain – Dubai Exiles v Abu Dhabi Harlequins