Contents tagged with Sanctions

  • Turkey plans to impose retaliatory sanctions on Russia

    Turkey is responding to the sanctions imposed by Russia after the SU-24 incident with a list of its own sanctions against Russia, as reported by the Milliyet, a Turkish news outlet. Under the leadership of the Deputy Prime Minister of Turkey, Mehmet Şimşek, a meeting was held to discuss the type of sanctions that would be imposed. A bill specifying sanctions was developed at the meeting and will be submitted for approval to the Prime Minister of Turkey, Ahmet Davutoğlu.

    The main provisions of …

  • US and EU to continue sanctions against Russia until Ukraine regains control over its borders

    The U.S. and the EU agreed to extend sanctions against Russia until full compliance with the Minsk agreements is reached. This information was confirmed by the Coordinator of Sanctions Policy at the U.S. Department of State, Daniel Fried.

    The last defining element of all the Minsk agreements – the Minsk Protocol, Minsk Memorandum and Minsk set of activities – is for Kiev to regain control over its internationally recognized border with Russia in Eastern Ukraine, Fried explained, speaking at …

  • EU to discuss extension of sanctions on Russia

    In the next two weeks the Council of the Committee of Permanent Representatives in the European Union (Coreper) will begin its work preparing proposals for the heads of EU Member States on the extension of economic sanctions against Russia. RIA Novosti reports that sources close to EU leadership believe that during the summit in December, members will decide on the renewal of these measures, presumably for another six months. 

    According to one source, the draft document on economic sanctions …

  • Poroshenko met with the Prime Minister of Canada

     

    The Ukrainian President, Petro Poroshenko and the Prime Minister of Canada, Justin Trudeau, discussed the prospects of an expansion of the special cooperation between the two countries at the meeting that was held in Paris. Poroshenko told Trudeau about the current situation in Donbas and emphasized the importance of a unified view concerning the issue on the maintenance of sanctions against Russia until full restoration of the territorial integrity of Ukraine is achieved, the presidential …

  • Over 700 tons of imported food destroyed in Russia.

    As reported by the Russian Federal Service for Veterinary And Phytosanitary Surveillance on Monday, over 700 tons of sanctioned food has been destroyed in Russia since early August when President Putin's decree on special economic measures came into effect.According to the agency, as of September 27, over 676 tons of contraband food has been detained, including 318 tons of food of animal origin.The first batch of products were destroyed on 6 August. Many politicians and public figures have …

  • Russian Airlines to lose tens of millions of dollars due to Ukrainian Sanctions.

    Russian airlines could suffer increased costs of tens of millions of dollars due to Ukrainian sanctions imposed earlier this week. The sanctions will bar them from flying through Ukraine's territory, extending flight times to popular destinations by up to 40 minutes, the TASS news agency reported Thursday.

    The Russian airline industry is already struggling with the country's recession, which has collapsed demand for international travel and forced government bailouts and industry consolidation. …

  • EU Extends Sanctions against Russia

    The European Union on Monday extended its sanctions against Russia until March of 2016. The sanctions are meant to punish Moscow for its military support for Ukrainian separatists and its annexation of Crimea.

    The sanctions include asset freezes and travel bans against 149 people and 37 entities, the European Union announced in a statement. Without the EU action the sanctions would have lifted on Tuesday.

    A separate set of European economic sanctions against Russia are in place until the end …

  • BBC - Heard the Russian jokes about Parmesan and condoms?

    Russia is destroying Western cheese, and considering a ban on Western condoms - and the Russian internet is reacting.

    Last month President Vladimir Putin endorsed a scheme to bulldoze, bury and burn a whole range of imported Western foods, as part of the ongoing reaction against sanctions the West has imposed on Russia. Videos of the destruction, like the mountain of foreign cheese squashed into the ground in Belgorod, 400 miles (600km) south of Moscow, are now famous.

    Read full story