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EU Extends Sanctions Against Russia Over Crimea Annexation for Another Year

by EUToday Correspondents
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EU Extends Sanctions Against Russia Over Crimea Annexation for Another Year

The European Union has announced the extension of sanctions against Russia in response to the illegal annexation of Crimea and the city of Sevastopol.

The decision, confirmed by the Council, will see the restrictive measures continue until 23 June 2025. These sanctions, originally imposed in June 2014, represent the EU’s ongoing condemnation of Russia’s actions and its commitment to upholding international law.

The sanctions encompass a wide range of prohibitions designed to economically isolate the annexed territories.

Key measures include a ban on the importation of products originating from Crimea and Sevastopol into the EU. This aims to prevent the economic integration of these regions into the Russian Federation.

Additionally, the sanctions prohibit EU-based companies from making infrastructural or financial investments in Crimea or Sevastopol, effectively hindering any potential for growth and development that could benefit the occupying forces.

Tourism services have also been targeted by these sanctions. The EU restricts European travel operators from offering services to the annexed regions, aiming to limit the inflow of foreign currency and reduce the legitimacy of Russian control in the eyes of the international community.

Moreover, the sanctions extend to exports of certain goods and technologies. Specifically, items that could be used in the transport, telecommunications, and energy sectors, or in the prospection, exploration, and production of oil, gas, and mineral resources, are restricted.

These measures aim to stymie the development of critical infrastructure that could support Russia’s hold on Crimea and Sevastopol.

The EU’s stance remains clear and resolute. The illegal annexation of Crimea and Sevastopol is viewed as a blatant violation of international law, and the EU continues to denounce these actions. The commitment to a non-recognition policy of the annexation is unwavering, with sanctions serving as a crucial tool in this policy.

This extension of sanctions occurs in the context of Russia’s ongoing military aggression in Ukraine. Since February 2022, Russia has intensified its violations of Ukraine’s sovereignty and territorial integrity with its full-scale invasion.

The EU has expressed steadfast support for Ukraine, emphasising the nation’s right to independence, sovereignty, and territorial integrity within its internationally recognised borders.

The EU’s actions are not merely reactive but are part of a broader strategy to support Ukraine in the face of Russian aggression. This includes a dedication to implementing its non-recognition policy fully.

The sanctions are just one element of a comprehensive approach that includes diplomatic efforts, economic support for Ukraine, and coordinated actions with international partners.

By extending these sanctions, the EU aims to maintain pressure on Russia, signalling that the international community does not accept the annexation of Crimea and Sevastopol and stands united against violations of international law.

The sanctions also serve to bolster Ukraine’s position by depriving Russia of the economic benefits that might otherwise be derived from the annexed territories.

Read also:

Moscow Stock Exchange Amongst 50 Russian Entities Hit by New UK Sanctions

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