EU: Extends economic sanctions against Russia for 6 months

The EU is renewing economic sanctions over Russia’s military offensive against Ukraine for another six months, the EU Council said in a statement.

In particular, the Council decided today to extend by six months, until January 31, 2023, the restrictive measures targeting specific sectors of the Russian economy.

“These sanctions, first imposed in 2014 in response to Russia’s destabilizing actions in Ukraine, were significantly expanded in February 2022 in light of Russia’s unprovoked and unprovoked military aggression against Ukraine,” the statement said. Council announcement. EU sanctions against Russia currently consist of a wide range of sectoral measures, including restrictions on finance, energy, technology and dual-use goods, industry, transport and luxury goods.

Source: Capital

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