Home MOREBUSINESS & ECONOMY EU extends sanctions on Russia in response to the illegal annexation of Crimea and the city of Sevastopol

EU extends sanctions on Russia in response to the illegal annexation of Crimea and the city of Sevastopol

by asma
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The European Council on Monday decided to renew the sanctions introduced by the EU in response to the illegal annexation of Crimea and the city of Sevastopol by the Russian Federation, until 23rd June 2023.

The restrictive measures currently in place were first introduced in June 2014, and include prohibitions targeting the imports of products originating from theillegally annexed Crimea or Sevastopol into the EU, and infrastructural or financial investments and tourism services from the illegally annexed Crimea or Sevastopol. Furthermore, the exports of certain goods and technologies to Crimean companies or for use in illegally annexed Crimea in the transport, telecommunications and energy sectors or for the prospection, exploration and production of oil, gas and mineral resources are also subject to EU restrictions.

As stated by Josep Borrell, High Representative for Foreign Affairs and Security Policy, in his Declaration on behalf of the EU on 25 February 2022, eight years since the violent, illegal annexation of the Autonomous Republic of Crimea and the city of Sevastopol by the Russian Federation, the EU does not recognise and continues to condemn the illegal annexation of the Crimean peninsula as a serious violation of international law. The EU remains steadfast in its commitment to Ukraine’s sovereignty and territorial integrity within its internationally recognised borders and dedicated to fully implementing its non-recognition policy.

Russia has further violated Ukraine’s sovereignty and territorial integrity with its unprovoked and unjustified war of aggression against Ukraine which theEU continues to condemn in the strongest possible terms. It urges Russia to immediately stop its indiscriminate attacks against civilians and civilian infrastructure, and to immediately and unconditionally withdraw all its troops and military equipment from the entire territory of Ukraine within its internationally recognised borders.

The European Union is unwavering in its commitment to help Ukraine exercise its inherent right of self-defence against the Russian aggression and build a peaceful, democratic and prosperous future. It also remains committed to continue bolstering Ukraine’s ability to defend its territorial integrity and sovereignty.

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EU Extends Sanctions Against Russia Over Crimea Annexation for Another Year - https://eutoday.net June 17, 2024 - 1:49 pm

[…] 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 […]

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