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Politico Europe · Belgium / European Union · Investigations found over half of Aughinish Alumina's exports returned to Russia despite EU sanctions; Brussels pressed Ireland to close the loophole
Reports Belgian Foreign Minister's call for the European Commission to investigate the Aughinish loophole and close it in the 21st sanctions package. Notes the structural problem: EU sanctions designated Rusal's parent UC Rusal PJSC but the Aughinish refinery is owned through a non-sanctioned subsidiary registered in Ireland; the ownership chain was not sanctioned in any previous EU package. Belgium also introduced a proposal for a dedicated alumina supply-chain review.
“Belgium's foreign minister called for an EU investigation into the Aughinish ownership chain and its closure in the 21st sanctions package; the refinery operates through a non-sanctioned Irish subsidiary.”