Germany and France oppose EU restrictions on luxury cars to Russia – Politico ...News

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Germany and France oppose EU restrictions on luxury cars to Russia – Politico
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Berlin and Paris say the focus of sanctions should be on military goods, the outlet reports Germany and France are opposing efforts by the EU to close a loophole that allows luxury cars and other high-end goods to reach Russia via Belarus, Politico reported on Thursday, citing diplomats. Imports of cars from the EU to Belarus surged more than fourfold from 2021 to $2.6 billion last year, the outlet said, citing German Economy Ministry data. Experts observed the highest growth in the luxury car sector, which accounted for two-thirds of the total increase in imports, amounting to $1.4 billion in 2023. Researchers l

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