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EU sanctions against Russia were extended: the decision of the Alliance took effect

The decision to extend the economic sectoral sanctions of the European Union (EU) against Russia for another six months, until 31 January 2018, entered into force. This is stated in the decree of the Council of the EU published on Thursday, June 29, in the Official journal of the European Union, writes the news Agency TASS.

«This decision followed the report of the President of France Emmanuel Macron and German Chancellor Angela Merkel at the EU summit on June 22-23 on the implementation of the Minsk agreements. it opened the way to extending the sanctions for another six months. The Council (EC) unanimously adopted a formal decision by written procedure», – stated in the text of the statement.

The authors note that this step is purely technical in nature: a political decision on the extension of sanctions was принято22 June at the EU summit, and the package of anti-Russian economic measures were last extended in January this year to July 31.

Earlier, Deputy Minister of foreign Affairs of the Russian Federation Alexei Meshkov told reporters that anti-Russian sanctions will solve the problems of Brussels in relations with Moscow, and the decision on the extension causes only regret.

«All long been clear that sanctions are counterproductive, that they are not able to solve any problem that in terms of relations with Russia puts the European Union. Is not just independent experts in EU countries with figures in hands proved that sanctions and countermeasures of our suffering, first of all, the economy of the countries of the Alliance.»

Earlier this month the U.S. Senate approved an amendment providing for tougher sanctions against Russia. We are talking about the amendment to the bill, which originally called for sanctions against Iran. The document contains a provision that prevents the President of the United States Donald Trump to weaken or abolish the measures without congressional approval.

In accordance with the amendment, American companies and individuals will be prohibited from transactions with Russian banks providing financing for longer than 14 days, and with oil and gas companies for more than 30 days.

EU sanctions against Russia were extended: the decision of the Alliance took effect
29.06.2017

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