Finnish customs data showed an increase in Russian nickel imports since the invasion.
Since Russia’s invasion of Ukraine in February, Finland’s imports of Russian nickel have increased, according to Finnish Customs. In addition to oil and gas, nickel is another important raw material that Russia exports.
Preliminary figures from the Finnish Customs show that Russian nickel imports in September grew by 59 percent compared to the previous year.
However, the Finnish government is ready to intensify sanctions against Russia, Tytti Tuppurainen (SDP), said the Finnish Minister for European Affairs and Royal Directive.
“We are ready to sanction everything,” Tuppurainen told Yle’s A-studio discussion show Tuesday night.
According to Topurinen, Australia, Canada and the United Kingdom have imposed sanctions on the Russian nickel, while the European Union and the United States have not.
Nickel is used, for example, in the production of electric car batteries.
The minister stressed that the Finnish government will not prevent the expansion of sanctions against Russia. Finland has not imposed its own sanctions against Russia, but it is implementing an EU-wide embargo.
“If the EU countries reach a consensus, Finland will also support a nickel ban,” she explained.
However, Tuppurainen has remained silent about the current EU sanctions negotiations and the Finnish-backed ban.
“While the sanctions do not have an immediate effect like missiles on the battlefield, they work slowly, choking the Russian economy like an anaconda,” the minister told Yale.