Contents tagged with Sanctions
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Media: Three EU countries are hindering the extension of sanctions against Russia
The European Union is ready to approve the extension of economic sanctions against Russia, but this process is hindered by France, Sweden, and the UK, which haven't yet agreed on this issue in their National Parliaments, Ukrinform reported with reference to a high-ranking EU diplomat.
“This week, Ambassadors approved political decision to extend sanctions against Russia for subsequent years. The EU, presided by the Netherlands, seeks to complete this process on Friday at a meeting of the EU …
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EU agreed to extend sanctions against Russia
The committee of the Permanent Representative of the EU countries (COREPER) have approved the renewal of the sanctions against Russia for another six month.
The sanctions may be be reviewed in the future depending on the implementation of the Minsk agreements, reported the Ukrainian Interfax news agency, citing a EU diplomat in Brussels.
The decision of the COREPER now has to be approved by the EU council.
On June 16th, the President of the European Council, Donald Tusk, said that the …
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U.S Senate Committee on Foreign Relations calls on Europe to extend sanctions against Russia
The U.S. Senate Committee on Foreign Relations addressed the President of the European Council with a call on the EC to extend sanctions against Russia because of its military aggression in Ukraine. The Committee’s leadership office circulated the text of the document on Monday, Ukrinform reported.
“We write to call on the European Council to extend sanctions of EU against Russia this month. According to the SMM OSCE reports, at least 112 Ukrainian servicemen were killed and more than 700 were …
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Austrian Foreign Minister calls for a gradual lifting of sanctions on Russia
The Austrian Minister for Foreign Affairs, Sebastian Kurz, speaking on June 19th, stated that he believes that the European Union should change its sanctions policy against Russia, Deutsche Welle reports.
“I think that we should gradually arrive at a stage where every move toward fulfilling the Minsk Agreements is met with the progressive removal of sanctions,” Kurz said.
According to him, it would be a "clear demonstration of a step towards" Moscow, the politician believes.
"I hope, it will …
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Head of Crimea thanks French investor for French Senate's call to lift sanctions on Russia
The head of Russian-Crimea, Sergey Aksyonov, while speaking at the St. Petersburg International Economic Forum, thanked the President of French investment company Thomas Vendome, Jean-Pierre Thomas, for "his fundamentally friendly attitude" toward Russia and the Crimea. This was reported by the press service of Sergey Aksyonov.
"In many ways, his [Jean-Pierre Thomas’s] personal position played an important role in the decision of the Parliament of France to ease sanctions against Russia. When …
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Putin says the US is the world's only superpower
The Russian president called the US the only superpower nowadays. He made the statement on Friday, June 17 at the St. Petersburg international economic forum.
“The US is a great country, probably the only superpower in the world at this moment. We accept this. We are ready and willing to work wih the USA,” Putin said.
According to Putin, the world needs “such a powerful country... And we need it too. But we don’t need them to constantly interfere with our affairs, teach us how to live, …
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EU sanctions against Crimea extended
On Friday, the EU Council extended sanctions against the Crimea, according to a report released by the Council.
The sanctions, which were due to expire next Thursday, are now set to expire on June 17th, 2017.
The sanctions include a ban on exporting EU goods to the Crimea as well as investing in the Peninsula and operating tourist services.
It is expected that sanctions against Russia will be extended for its annexation of the Crimea and its role in the war in eastern Ukraine.
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Juncker: Sanctions on Russia will be lifted only after the Minsk Agreements are implemented
European Commission President Jean-Claude Juncker said that the complete execution of the Minsk Agreements is the only way for sanctions to be lifted against Russia. He stated this at the opening of the St. Petersburg International Economic Forum, RBC reported.
Juncker explained that Russia has violated the basic principles of international law by annexing the Crimean Peninsula and by its involvement in the war in eastern Ukraine.
"Russia's actions have shaken the principles of European …
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EU to decide on extension of sanctions against Russia on June 21st
On the 21st of June, the European Union shall make a decision on extending sanctions against Russia, according to Agence France-Presse’s diplomatic sources. The decision will be approved on the 24th of June during the meeting of the Foreign Ministers of the EU countries. Another discussion of the sanctions will take place during the second half of 2016.
“I have a feeling that something should be done in the second half of this year,” the source said. As previously reported, the EU intends to …
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Director of Russian Atomic Agency: There are 'informal sanctions' against the Russian nuclear industry
Sergey Kirienko, the Director General of the State Atomic Energy Corporation Rosatom, said in an interview with channel NTV that the policy of “informal sanctions” against the Russian nuclear industry continues abroad, Interfax reported on Sunday.
“From a policy perspective, the Russian nuclear industry is not subject to any sanctions,” Kirienko said. “However, there are unwritten attempts. A number of Rosatom clients claim that they are getting the appropriate signals.” According to the …