European Union extends sanctions against Russia for 6 more months

In the statement issued by the European Council, it was reported that it was decided to extend the sanctions targeting certain sectors of the Russian economy until July 31, 2023.

In the statement, it was recalled that economic sanctions against Russia were taken for the first time because it destabilized Ukraine in 2014, noting that the sanctions were significantly expanded with the Russia-Ukraine war that began in February last year.

Emphasizing that sanctions against Russia continue in a wide range that includes trade, finance, industry, technology, transportation, luxury and dual-use goods, the statement says that the importation of crude oil and some oil products from Russia to the EU is prohibited. and some Russian banks were removed from the SWIFT international payment system and the activities of many broadcasters were suspended.

EU economic sanctions against Russia are extended every 6 months.

Russia illegally annexed the Autonomous Republic of Crimea and the city of Sevastopol on March 18, 2014.

The EU first made the decision to impose economic sanctions on Russia in 2014. (AA)