EU renews sanctions against Russia by one year

EU renews sanctions against Russia by one year

The European Council today decided to renew the sanctions introduced in response to the illegal annexation of Crimea and Sevastopol by the Russian Federation until 23 June 2021, the council announced in a statement on Thursday.

“The restrictive measures currently in place include prohibitions targeting the imports of products originating in Crimea or Sevastopol into the EU, and infrastructural or financial investments and tourism services in Crimea or Sevastopol,” the statement said.

The statement underlined that the exports of certain goods and technologies to Crimean companies or for use in Crimea in the transport, telecommunications and energy sectors or for the prospection, exploration and production of oil, gas and mineral resources are also subject to EU restrictions.

“As stated in the declaration by the High Representative for Foreign Affairs and Security Policy on behalf of the EU on 16 March 2020, the EU still does not recognize the illegal annexation of Crimea and Sevastopol by the Russian Federation and continues to condemn this violation of international law,” it added.

Sanctions were first introduced in June 2014 in response to the attempts to deliberately undermine Ukraine’s territorial integrity and destabilize the country. Other EU measures in place in response to the crisis in Ukraine include economic sanctions targeting specific sectors of the Russian economy and individual restrictive measures.

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