we start with the war in ukraine. we ll look at what s happening on the ground in a moment. first to sanctions. eu leaders have finally agreed on a partial embargo of russian oil imports. it will affect oil that arrives by sea. that s around two thirds of imports. this is the second day of the summit. we know that the eu has been trying to work out a way to ban russian oil imports for months. we ll get into why it s been so complicated in a minute. first, this is the president of the european commission. we decided then to have a ban now on de facto 90% russian oil imports of russian oil imports to the european union by the end of the year. and this comes at a time when we see that russia has disrupted supplies to, by now, five member states finland, bulgaria and poland but now to a company in the netherlands and a company in denmark. that message was echoed by the ukrainian foreign ministry. they said. let s look at the bigger picture. russia currently supplies about 27%
Thank you very much, stephen. Its a pleasure to have you on the show. As Minister Of Defence in canada, how embarrassed are you that your country is still significantly failing to meet the collective commitment of nato Member States to spend at least 2 of your gdp on defence . Stephen, im not embarrassed at all because canada, under our government, has been investing very significantly in defence and theres been a very strong upper projectory of Defence Spending. Weve just introduced our latest Defence Policy, which injects a significant amount of new investment into Defence Spending. It builds up greater capabilities, it moves us much closer to the target of 2 , and with some of the other things that weve articulated in this Defence Policy, i think we are on a strong and inevitable path to achieving that 2 goal. Canada is well aware of its responsibilities to our nato allies, to our continental allies, through norad in the United States, and even around the world, and, as well, we are
Bill blair in ottawa, welcome to hardtalk. Thank you very much, stephen. Its a pleasure to have you on the show. As Minister Of Defence in canada, how embarrassed are you that your country is still significantly failing to meet the collective commitment of nato Member States to spend at least 2 of your gdp on defence . Stephen, im not embarrassed at all because canada, under our government, has been investing very significantly in defence and theres been a very strong upper projectory of Defence Spending. Weve just introduced our latest Defence Policy, which injects a significant amount of new investment into Defence Spending. It builds up greater capabilities, it moves us much closer to the target of 2 , and with some of the other things that weve articulated in this Defence Policy, i think we are on a strong and inevitable path to achieving that 2 goal. Canada is well aware of its responsibilities to our nato allies, to our continental allies, through norad in the United States, and
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Bill blair in ottawa, welcome to hardtalk. Thank you very much, stephen. Its a pleasure to have you on the show. As Minister Of Defence in canada, how embarrassed are you that your country is still significantly failing to meet the collective commitment of nato Member States to spend at least 2 of your gdp on defence . Stephen, im not embarrassed at all because canada, under our government, has been investing very significantly in defence and theres been a very strong upper projectory of Defence Spending. Weve just introduced our latest Defence Policy, which injects a significant amount of new investment into Defence Spending. It builds up greater capabilities, it moves us much closer to the target of 2 , and with some of the other things that weve articulated in this Defence Policy, i think we are on a strong and inevitable path to achieving that 2 goal. Canada is well aware of its responsibilities to our nato allies, to our continental allies, through norad in the United States, and