Russia could lose financial markets access, advanced goods if it invades Ukraine -EU chief

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Russia could lose financial markets access, advanced goods if it invades Ukraine -EU chief
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European Commission President Ursula von der Leyen disclosed some details of the sanctions Moscow would face if it invaded Ukraine, saying Russia would be cut off from international financial markets and denied access to major export goods.

Western leaders have until now refused to be drawn on the details of the responses they have agreed on if Russia invaded, only ruling out a military response and promising economic sanctions that would be unprecedented in scale.

"The move to sanctions is so enormous and consequential that we know we must always give Russia a chance to return to diplomacy and the negotiating table," she said. "This window is still open."

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