EU extends sanctions against Russia until 2019.

581 views · Published 7 July 2018 · 1:46 · Indexed 4 November 2026

Channel: NewsFromUkraine · 2018 · News & Politics

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The European Union has extended sanctions against Russia over its actions in Ukraine for another six months. The EU stressed in a statement Thursday, July 5 2018, that the 28 member states took the decision “unanimously.” 

The decision continues EU restrictions on economic activity that could benefit Russia’s defense, financial or energy sectors until Jan. 31, 2019. Crimean businesses have seen specific sanctions, with the EU prolonging a ban on EU-based companies investing in the peninsula until June 23, 2019. The sanctions were imposed after Russia occupied Ukraine’s Crimean Peninsula in 2014 and started war in eastern Ukraine.

Read more:
https://www.washingtonpost.com/business/eu-extends-sanctions-against-russia-for-6-months/2018/07/05/74995df0-8061-11e8-a63f-7b5d2aba7ac5_story.html?utm_term=.2ffe3b2a9fb9
http://www.consilium.europa.eu/en/press/press-releases/2018/07/05/russia-eu-prolongs-economic-sanctions-by-six-months/

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