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EU plans 'harsh' sanctions package against Russia

BRUSSELS (AP) 鈥 The European Union is planning the 鈥渟trongest, the harshest package鈥 of sanctions it has ever considered at an emergency summit Thursday, as the Russian military attacked Ukraine.
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Japanese Prime Minister Fumio Kishida speaks to reporters on the current situation in Ukraine, at his official residence in Tokyo Thursday, Feb. 24, 2022. World leaders reacted Thursday to Russian President Vladimir Putin鈥檚 announcement of military action in Ukraine with outrage and vows to both tighten sanctions and hold the Kremlin accountable. (Sadayuki Goto/Kyodo News via AP)

BRUSSELS (AP) 鈥 The European Union is planning the 鈥渟trongest, the harshest package鈥 of sanctions it has ever considered at an emergency summit Thursday, as the Russian military attacked Ukraine.

European Commission President Ursula von der Leyen said that 鈥渢he target is the stability in Europe and the whole of the international peace order, and we will hold President (Vladimir) Putin accountable for that.鈥

鈥淲e will present a package of massive and targeted sanctions to European leaders for approval,鈥 she said.

EU foreign policy chief Josep Borrell called it the 鈥渟trongest, the harshest package鈥 ever considered.

鈥淎 major nuclear power has attacked a neighbor country and is threatening reprisals of any other states that may come to the rescue,鈥 Borrell said. 鈥淭his is not only the greatest violation of international law, it鈥檚 a violation of the basic principles of human co-existence. It鈥檚 costing many lives with unknown consequences ahead of us. The European Union will respond in the strongest possible terms.鈥

Von der Leyen said the 鈥渕assive and targeted sanctions鈥 she will put to EU leaders 鈥渨ill target strategic sectors of the Russian economy by blocking the access to technologies and markets that are key for Russia.鈥

She said the sanctions, if approved, 鈥渨ill weaken Russia鈥檚 economic base and its capacity to modernize. And in addition, we will freeze Russian assets in the European Union and stop the access of Russian banks to European financial financial markets.鈥

Like the first package of sanctions that were imposed when Russia recognized the two breakaway eastern Ukrainian republics, von der Leyen said all Western powers were walking in lockstep.

鈥淲e are closely aligned with our partners and allies the United States, the United Kingdom, sa国际传媒, but also, for example, Japan and Australia,鈥 she said.

British Prime Minister Boris Johnson said Western allies won't stand by as Russia attacks Ukraine.

In an early morning call, Johnson told Ukrainian President Volodymyr Zelensky that he was appalled by events in Ukraine, according to a statement released by the prime minister鈥檚 office.

鈥淭he Prime Minister said the West would not stand by as President Putin waged his campaign against the Ukrainian people,鈥 Johnson鈥檚 office said in the statement.

Johnson added that Ukraine was in the thoughts of everyone in the U.K. 鈥渄uring this dark time.鈥

rippled from Europe to Asia. Stock markets plunged, oil prices surged, and European aviation officials warned of a high risk to civilian aircraft over Ukraine, reminding air operators that 鈥渢his is now an active conflict zone.鈥

meant to dissuade Russia from sending troops into Ukraine. Secretary-General Antonio Guterres' plea to 鈥済ive peace a chance鈥 came just as Russian President Vladimir Putin appeared on Russian TV to announce a military operation that he maintained was to protect civilians in Ukraine.

Putin, who said that rebels in eastern Ukraine had asked Moscow for military assistance, warned other countries that any effort to interfere with the Russian operation would lead to 鈥渃onsequences they have never seen.鈥

As leaders across Asia and Europe scrambled to condemn the attack, explosions were heard in Kyiv and other cities in Ukraine. Nations around the world this week have also imposed a raft of new sanctions on Russia.

Moscow had massed more than 150,000 troops on Ukraine鈥檚 borders. On Monday, Putin recognized the independence of two separatist regions in eastern Ukraine and ordered Russian forces there for what he called 鈥減eacekeeping.鈥 Guterres at the U.N. disputed that, saying the troops were entering another country without its consent.

German Chancellor Olaf Scholz called Russia鈥檚 attack 鈥渁 terrible day for Ukraine and a dark day for Europe鈥 and 鈥渁 blatant violation of international law. It cannot be justified by anything.鈥

In a bulletin Thursday, the European Union Aviation Safety Agency said 鈥渢here is a risk of both intentional targeting and misidentification of civil aircraft鈥 and that 鈥渢he presence and possible use of a wide range of ground and airborne warfare systems poses a HIGH risk for civil flights operating at all altitudes and flight levels.鈥

Asian stock markets were in turmoil.

Market benchmarks in Tokyo and Seoul fell 2% and Hong Kong and Sydney lost more than 3% Thursday. Oil prices jumped nearly $3 per barrel on unease about possible disruption of Russian supplies.

Earlier, Wall Street鈥檚 benchmark S&P 500 index fell 1.8% to an eight-month low.

Russia seized Ukraine鈥檚 Crimea Peninsula in 2014, and pro-Russia rebels have since been fighting Ukrainian forces in the eastern areas of Donetsk and Luhansk. More than 14,000 people have been killed in the conflict.

Czech Prime Minister Petr Fiala condemned the Russian attack as 鈥渁bsolutely unjustified act of aggression against a sovereign state.鈥 Slovakia Prime Minister Eduard Heger called it 鈥渁n unjustified barbarian act.鈥

Many world capitals were trying to determine just what was happening in the tense and fast-changing early moments of a chaotic and violent event.

鈥淲e are putting all our effort into collecting the information and comprehending the situation,鈥 Japanese Prime Minister Fumio Kishida said shortly after Putin's announcement. 鈥淚t鈥檚 important and challenging to secure the safety of Japanese people (in Ukraine). After fully comprehending the situation, we will handle the case properly.鈥

Asked whether Taiwan would cooperate with the U.S. and like-minded countries to put export controls on semi-conductors and technology products that the self-ruled island is known for, Foreign Ministry spokesperson Joanne Ou said 鈥渢hey were in close coordination鈥 and would take the 鈥渁ppropriate actions in response to help Ukraine and uphold the area鈥檚 peace and stability.鈥

China, which has denounced sanctions against Russia, advised its citizens in Ukraine to stay home and place a Chinese flag in or on their vehicles if they need to travel long distances.

鈥淪ocial order is chaotic and out of control, especially in the cities where at times of serious unrest, walking on the streets could make one a target of attack, traffic could be stopped at any time and venturing out creates the possibility of running into uncontrollable risks,鈥 the notice said.

China has increasingly aligned its foreign policy with Russia to challenge the West, and has blamed the United States and its allies for provoking Moscow.

Australian Prime Minister Scott Morrison said sanctions against Russia would become law Friday but would not take effect until the end of March. He said the time was needed to give 鈥渙pportunities for businesses that have had very legitimate operations and business interests in Russia and in the affected territories of Ukraine to be able to make changes to their arrangements.鈥

Morrison said that financial sanctions and travel bans that target eight members of the Russian Security Council will be a first batch of measures in response to Russian aggression toward Ukraine. Australia will also align with the U.S. and Britain by targeting two Russian banks.

鈥淭he reason we鈥檙e doing this is there must be a price for the unprovoked, unlawful, unwarranted, unjustified attacks and threats and intimidation that has been imposed by Russia on Ukraine. This cannot be a consequence-free action by Vladimir Putin and the Russian regime,鈥 Morrison said.

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Foster Klug reported from Tokyo. Associated Press journalists around the world contributed to this report.

Raf Casert And Foster Klug, The Associated Press