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Ukraine joins extension of EU anti-Russian sanctions

Source : 112 Ukraine

The economic sanctions extended till July 31, 2018
15:22, 31 January 2018

Open source

Ukraine joined the decision of the EU Council to extend the sanctions against Russia due to the disruption of the situation in the country as the website of the EU Council reported.

Montenegro, Albania and Norway also joined the decision along with Ukraine.

Related: US Senators criticize Trump for unwillingness to impose new anti-Russian sanctions

‘They will ensure that their national policies conform to this Council Decision. The European Union takes note of this commitment and welcomes it’, the message said.

As we reported the Council of Europe extended the economic sanctions against Russia on December 21, 2017. According to the information, this decision was made when Emmanuel Macron, the President of France and Angela Merkel, the Chancellor of Germany informed the EU on the non-fulfillment of the Minsk Agreements by Russia.

Related: U.S. to impose more sanctions against Russia, based on ‘Kremlin report’, - Mnuchin

These sanctions restrict the access to the primary and secondary EU marker of the capital for five Russian financial institutions with the majority share of the state in the authorized capital, their sub-companies that work beyond the EU, three major Russian energy companies and three defense firms. Also, the ban on export and import of the weaponry, the ban for the export of the dual-use products for military needs of the Russian Army were imposed.

Moreover, Russia is restricted in the access to the particular technologies and services for the workout and oil extraction.

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