Extending sanctions against Russia today approved the foreign ministers of member countries of the European Union. Restrictive measures extended until January 31, 2016, and their removal is linked to the full implementation of the agreements Minsk. Earlier, the Council of Europe extended the sanctions against the Crimea.
The foreign ministers of the European Union today formally issued a decision, which was adopted on 17 June – to extend the restrictive measures in the sector against Russia before January 31, 2016. Extending sanctions representative confirmed the EU External Action Service Susan Kiefer.
In March, at an informal EU summit, it was decided to link the duration of the European sanctions against Russia with the implementation of the agreements Minsk. “The European Council agreed that the term of the restrictive measures against the Russian Federation, adopted July 31, 2014, and reinforced September 8, 2014, it must be clearly linked to the full implementation of the agreements Minsk, given the fact that it provided for until 31 December 2015″ – said in a statement, the European Council on the results of the March meeting.
Last week, on June 19, the EU extended sanctions against the Crimea. According to a report on the website of the Council of Europe, “the Council extended the restrictive measures in response to the illegal annexation of the Crimea and Sevastopol until 23 June 2016″. This is a package of sanctions imposed after the Crimea and Sevastopol to Russia and impose a ban on doing business in the Crimea and Crimean import goods.
A spokesman for Russian President Dmitry Peskov said Russia will respond to the extension of EU sanctions on the basis of reciprocity. “Russia believes sanctions unjustified, illegal. But we have never been and are not the initiators of the sanctions measures. We have repeatedly said the sanctions sharing principle of reciprocity – is the foundation of our approach “, – said Mr. Sands,” RIA Novosti ».
Vice-Speaker of the State Duma of the” Fair Russia “Nikolay Levichev He believes that sanctions have had a much smaller effect on the Russian economy than expected. “By extending the sanctions against Russia, the EU extend Russia’s import substitution program, small business support, support for farmers, the program of technical and technological renovation of industrial production”, – said Mr. Levichev.
Recall The EU has introduced a series of economic sanctions against Russia August 1, 2014, in September, a package of restrictive measures was extended. Such measures are a response to the “annexation of the Crimea”, as well as to support the Russian separatists in the south-east of Ukraine, which in the West is considered a direct military intervention in the affairs of a neighboring country of the EU imposed an embargo on new contracts for the import and export of weapons, as well as products and dual-use technologies. European investors are forbidden to issue new loans of five Russian banks – Sberbank, VTB, Gazprombank, Rosselkhozbank and VEB – for more than 30 days. Access to European capital market was closed for a number of Russian companies, including “Rosneft”, “Transneft” and “Gazprom oil”. Sanctions also affected a number of Russian officials, politicians and public figures who have been denied entry into Europe.


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