EU prolongs economic sanctions against Russia until July 2020
Ukrinform
The Council of the European Union has adopted a decision to prolong the economic sanctions targeting specific sectors of the Russian economy until July 31, 2020, according to the Council’s press release.
This decision follows an update by President Macron and Chancellor Merkel to the European Council on 12 December 2019 on the state of implementation of the Minsk agreements, to which the decision on maintaining sanctions is linked.
"Given that the Minsk agreements are not fully implemented, the European Council unanimously took the political decision to renew the economic sanctions against Russia," the press release says.
The measures target the financial, energy and defence sectors, and the area of dual-use goods.
They were originally introduced on July 31, 2014 for one year in response to Russia's actions destabilising the situation in Ukraine and strengthened in September 2014.
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