EU extends Sanctions against Russia

    EU extends Sanctions against Russia

    Brussels, Jun 19: The European Union has extended sanctions against Russia for a year. EU foreign ministers said in a statement on Monday that the bloc “extended the restrictive measures” in response to Russia’s alleged interference in the conflict in eastern Ukraine and Crimea’s unification with Russia in 2014.

    Moscow has repeatedly denied meddling in the conflict in eastern Ukraine. The sanctions, which were due to expire on Friday, were now set to run until June 23, 2018.

    The EU has blocked the import of products from Crimea and also banned the exports to Crimea of certain goods and technologies that could be used in the transport, telecommunications, or energy sector, particularly oil, gas, or mineral exploration.

    Crimea declared independence from Ukraine on March 17, 2014 and formally applied to become part of Russia following a referendum, Over 90 percent of Crimea’s residents voted in favor of the reunification in a referendum. Majority of people voted to separate from Ukraine and reunite with Russia.

    The EU, however, considers the development as an illegal “annexation” and has imposed economic sanctions on Russia. Russia, however, has categorically denied the allegations that it is responsible for the Ukrainian conflict.

    The Oslo Times International News Network


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