EU extends sanctions on Russia for another six months

The European Council has announced that it will extend sanctions on Russia for another six months, until 15 September 2023.

In a statement released on Monday (13 March), the Council announced: 

"The existing restrictive measures provide for travel restrictions for natural persons, the freezing of assets, and a ban on making funds or other economic resources available to the listed individuals and entities. Sanctions will continue to apply to 1,473 individuals and 205 entities, many of which are targeted in response to Russia’s ongoing unjustified and unprovoked military aggression against Ukraine."

The statement continued:

"After 24 February 2022, in response to Russia’s military aggression against Ukraine, the EU massively expanded sanctions against Russia with the aim of significantly weakening Russia's economic base, depriving it of critical technologies and markets, and significantly curtailing its ability to wage war.

"In the European Council conclusions of 9 February 2023, the EU reiterated its resolute condemnation of Russia’s war of aggression against Ukraine, which constitutes a blatant violation of the UN Charter, and has brought immense suffering and destruction upon Ukraine and its people."

The Council also called on Russia to end its "atrocious war immediately", adding that the EU will "will stand by Ukraine with steadfast support for as long as it takes, and remains unwavering in its support for Ukraine's sovereignty and territorial integrity".

source: commonspace.eu with the European Council
photo: Ukrinform

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
 Military parade to be held in Beijing as China and Russia reaffirm close ties

Military parade to be held in Beijing as China and Russia reaffirm close ties

Chinese leader Xi Jinping welcomed Russian President Vladimir Putin as an “old friend” as the two began a series of meetings Tuesday at a time when their countries face both overlapping and differing challenges from the United States. Relations between China and Russia have deepened in recent years, particularly after the Russian invasion of Ukraine in early 2022. According to AP, Putin addressed Xi as “dear friend” and said that Moscow’s ties with Beijing are “at an unprecedentedly high level.” Following their formal talks, they planned to have another meeting over tea with some of their top aides. The talks come the day after both attended a summit of the Shanghai Cooperation Organization in the nearby Chinese city of Tianjin, and the day before a grand Chinese military parade in Beijing to mark the 80th anniversary of the end of World War II.

Popular

Editor's choice
News
 Military parade to be held in Beijing as China and Russia reaffirm close ties

Military parade to be held in Beijing as China and Russia reaffirm close ties

Chinese leader Xi Jinping welcomed Russian President Vladimir Putin as an “old friend” as the two began a series of meetings Tuesday at a time when their countries face both overlapping and differing challenges from the United States. Relations between China and Russia have deepened in recent years, particularly after the Russian invasion of Ukraine in early 2022. According to AP, Putin addressed Xi as “dear friend” and said that Moscow’s ties with Beijing are “at an unprecedentedly high level.” Following their formal talks, they planned to have another meeting over tea with some of their top aides. The talks come the day after both attended a summit of the Shanghai Cooperation Organization in the nearby Chinese city of Tianjin, and the day before a grand Chinese military parade in Beijing to mark the 80th anniversary of the end of World War II.