EU extends Russia sanctions regime

On 28 June 2017, the EU Council has decided to renew the EU Russia sanctions regime for another 6 months, until 21 January 2018. The EU Russia sanctions regime includes restrictive measures that target Russia’s financial, energy, and defence sector and also includes measures regarding dual-use goods.

The EU Russia sanctions regime was originally introduced on 31 July 2014 for one year in response to Russia’s actions destabilising the situation in Ukraine. The regime was strengthened in September 2014 and on 19 March 2015, the EU Council agreed to link the duration of the sanctions regime to the implementation of the Minsk peace agreements.  Since that the Minsk peace agreements have not been fully implemented still, the EU Russia sanctions regime has been prolonged.

The official press release can be found here.

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