German economy minister urges Arab states not to benefit from Russia sanctions

By Reuters

German Economy Minister Robert Habeck, visiting Gulf states to discuss long-term energy supplies, said on Monday they should not profit from global sanctions against Russia over its invasion of Ukraine. “I'm not asking that they join the sanctions….but I ask not to be a profiteer of European and U.S. sanctions,” Habeck told reporters in the United Arab Emirates' capital Abu Dhabi following a visit to Qatar. He said he has not seen any evidence of sanctioned Russian wealth coming into the UAE, the region's commercial hub which diplomats, company executives and financial sources have said has emerged as a safe haven for Russia's rich.

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