Contents tagged with Sanctions
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Dzhemilev: NATO's response to Russian aggression isn't enough
The Chairman of Mejlis of the Crimean Tatar People, Mustafa Dzhemilev, doesn’t see military force as the best way to end the occupation of the Crimea. In an interview with the Voice of America, Dzhemilev expressed his opinion that the North Atlantic Treaty Organization (NATO) is their best hope for dealing with Russia’s aggression. However, NATO has not been sufficiently decisive. “NATO could show the same determination that they did during the genocide in Kosovo but this doesn’t happen,” …
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Italy agrees to maintain sanctions on Russia until Minsk agreements are implemented
According to Ukraine’s presidential press service, during a meeting between Ukrainian President Petro Poroshenko and Italian Prime Minister Matteo Renzi, Italy promised to maintain sanctions against Russia if Moscow does not implement the Minsk Agreements. Poroshenko and Renzi agreed that it is important now to remain united in supporting Ukraine.
The Regional Council of Lombardy, a province in northern Italy, has passed a resolution calling for lifting the anti-Russian sanctions and …
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Obama calls on NATO to increase its support for Ukraine
In an article written for the Financial Times, US President Barack Obama called on NATO and the EU to increase support for Ukraine and to be consistent in confronting Russian aggression.
“We need to bolster the defense of our allies in central and eastern Europe, strengthen deterrence and boost our resilience against new threats, including cyber-attacks. We need to deepen security co-operation between NATO and the EU and increase our support for Ukraine as it defends its sovereignty and …
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Sanctions on Russia cost the west $60 billion
Almost 40 Western countries that supported sanctions against Russia in the last year and a half lost slightly more than $60 billion in profit, French experts calculated. This conclusion was made by experts from the French Research Center on International Economics (CEPII). The report, which was presented on Wednesday, July 6, covers the period from December 2013 to June 2015.
As noted in the study, the main losses (82.2%) did not happen because of the products that came under the ban as a …
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British Defense Committee seeks to add more Russian officials to sanctions list
The restrictive measures imposed “against Moscow have had very minimal effect on the military policy of Moscow” the British MPs believe.
The Defense Committee of the British Parliament urged its government to put more Russian government officials on the sanctions list. This was stated in the Committee's report, published on Tuesday, July 5.
The reports points out that the restrictive measure have had “minimal influence on the military polices of Russia”.
The document recommends facilitating …
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EU extends sanctions against Russia
On July 1, the European Union extendes sanctions against the Russian Federation until January 2017. This was reported by Radio Svoboda correspondent Rikard Jozwiak on Twitter.
"The EU has prolonged its economic sanctions on Russia to 31 Jan 2017.The decision will be published in the EU official journal on Sat.," Jozwiak wrote on Twitter.
The European Union imposes sanctions against Russian as a result of Russian’s involvement in the crisis in eastern Ukraine and the annexation of the Crimea. …
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The US stated that Brexit will not affect sanctions on Russia
White House Deputy Press Secretary Eric Schultz stated that the UK's decision to leave the European Union is unlikely to affect the sanctions policy of the West against Russia. According to him, Washington will start work on the extension of restrictive measures soon.
“Since the Ukrainian crisis, the USA, EU and the remaining G7 have cooperated closely on the issue of sanctions that have already affected the Russian economy … Obviously, US representatives will start working on this issue in …
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Merkel: Sanctions against Russia will be extended because of failure to implement Minsk Agreements
German Chancellor Angela Merkel stated at a briefing on the results of European Council meeting in Brussels that the extension of sanctions against Russia is connected with the implementation of Minsk Agreements, RIA Novosti reported.
“Both the President of France, François Hollande, and I reported once again on the degree of the implementation of the Minsk Agreements. We pointed out that the extension of sanctions is unfortunately necessary in connection with the level of implementation. That …
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Italian Parliament rejects resolution which called for lifting sanctions on Russia
On Monday, June 27, the Chamber of the Deputies (Camera dei Deputati) of the Italian Parliament rejected a resolution to lift sanctions against the Russian Federation. The proposal which called on the Italian government to lift the sanctions against Russia was submitted by the opposition parties , Five Start Movement (Movimento 5 Stelle) and the North League (Lega Nord), as reported by the Russian RIA Novosti news agency.
The Italian deputies rejected the resolution that called on the …
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Media: Italy may delay the extension of sanctions against the Russian Federation
Italy may delay the extension of sanctions against Russia, which had been previously approved by EU ambassadors, wrote Brussels Radio Liberty correspondent Rikard Jozwiak, on Twitter.
According to him, the reason for the delay is Italy’s desire to include a clause allowing the relationship with Russia to be reconsidered later this year into the EU ruling on continued sanctions.
It should be noted that earlier, Wall Street Journal reporter Laurence Norman also wrote about the possibility that …