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EU extends sanctions against Russia due to Ukrainian situation

Source : 112 Ukraine

Sanctions will continue to apply to 177 individuals and 48 entities
08:32, 13 March 2021

Open source

The EU Council has decided to extend the sanctions targeting those responsible "for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine" for a further six months, the council's press service reports.

"The existing restrictive measures provide for travel restrictions, the freezing of assets, and a ban on making funds or other economic resources available to the listed persons and entities. Sanctions will continue to apply to 177 individuals and 48 entities," the message reads.

Related: Ukraine's Defense Council extends sanctions against two Russian banks for another three years

It is noted that restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine were first introduced on 17 March 2014.

Other EU measures implemented in response to the crisis in Ukraine include economic sanctions targeting specific sectors of the Russian economy, currently in place until 31 July 2021 and restrictive measures in response to the illegal annexation of Crimea and Sevastopol, limited to the territory of Crimea and Sevastopol and currently in place until 23 June 2021.

As we reported earlier, the United States announced the public designation of oligarch and former Ukrainian public official Ihor Kolomoysky due to his involvement in significant corruption and imposed restrictive measures against him and his family. This was reported on the website of the US Department of State.

It is noted that in his official capacity as a Governor of Ukraine’s Dnipropetrovsk Oblast from 2014 to 2015, Kolomoysky was involved in corrupt acts that undermined rule of law and the Ukrainian public’s faith in their government’s democratic institutions and public processes, including using his political influence and official power for his personal benefit. 

Related: EU starts preparing fourth package of sanctions against Belarus, - media

 

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