EU extends economic sanctions against Russia until July 31

EU extended economic sanctions against the Russian Federation until July 31

Anti-Russian sanctions have been adopted by EU countries with regard to the financial, energy and defense of the Russian Federation.

The European Union has decided to extend the sanctions against Russia for a period of six months until July 31, 2022. This follows from the statement of the Council of the EU.

Note that the extension of economic sanctions against the Russian Federation was adopted at the December summit in the context of Russia's alleged refusal to follow the Minsk agreements.

In addition, the Council of the European Union also urged the Kremlin to return to the implementation of the Minsk agreements.

Recall that anti-Russian sanctions were adopted by the countries of the EU in relation to the financial, energy and defense sectors of the Russian Federation.

They were first introduced in 2014 after Russia joined Crimea for a year, but then they were extended several times every six months.

In particular, the sanctions include restricting access s to the primary and secondary capital markets of the EU for a number of Russian banks.

Also banned any financial assistance in intermediary relations with sanctioned banks also fell. In addition, the import and export of defense sector dual-use goods, especially in the energy sector, is prohibited.

Earlier, Topnews wrote that the Kremlin spoke about the consequences of US sanctions against Putin.


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