• İstanbul 16 °C
  • Ankara 9 °C

EU extends economic sanctions against Russia over Ukraine

EU extends economic sanctions against Russia over Ukraine
In place since 2014, sanctions now renewed until end of July

By Agnes Szucs

BRUSSELS (AA) - The European Union on Thursday extended economic sanctions against Russia for another six months.

“The Council (of the European Union) today decided to prolong the restrictive measures currently targeting specific economic sectors of the Russian Federation by six months, until 31 July 2022,” the EU institution representing member states announced in a statement.

EU heads of states and governments had already approved the continuation of sanctions during their last summit in December for failing to live up to its commitments to the Minsk Agreement meant to establish peace in eastern Ukraine.

The bloc has been imposing sanctions on Russia's financial, military, and energy sectors since 2014, accusing Moscow of destabilizing activities in Ukraine.

Under the restrictions, certain Russian banks and companies have limited access to the bloc’s capital markets, while EU operators are prohibited from providing services to Russian financial institutions.

The EU also restricts trade in defense-related goods and sensitive technologies that could be used in Russia's energy sector.

In 2014, Moscow began to support separatist forces in eastern Ukraine against the central government, a policy that it has maintained in the past seven years.

The EU has repeatedly condemned the continued Russian military buildup in and around Ukraine in recent months and has stood up for Ukraine’s territorial integrity and sovereignty.

source: News Feed
This news is a total 60 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim