Thursday, March 28, 2024

European Union extends economic sanctions against Russia for six months

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The European Union (EU) on Thursday officially decided to extend economic sanctions against Russia for the next six months. These sanctions were imposed on Russia in the year 2014 against the so-called destabilization of Ukraine. The decision was taken during a meeting of EU leaders on 10 December, which focused on assessing the status of the implementation of the Minsk agreements.

Block concluded that the agreement was not fully implemented by Russia. The council said in a press release, “The council will target specific sectors of the Russian economy from today until 31 July 2021 Decided to pursue restrictive measures. These sanctions were imposed in 2014 against Russian action destabilizing the situation in Ukraine.

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