Contents tagged with Sanctions
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Siemens announces it will not send turbines to Crimea
The President of Siemens in the Russian Federation, Dietrich Moeller, stated that the German engineering company isn’t going to supply equipment to the Crimea in circumvention of EU sanctions. According to him, Siemens observes all export restrictions and sanctions, TASS reported.
As previously reported, the German engineering company can reach an agreement with the Crimean peninsula on supplies of turbines for Crimean power plants.
However, Moeller explained that the matter concerns the …
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Despite sanctions, European supermarkets operate in Crimea
According to Reuters, the Metro and Auchan European supermarket chains are operating in the annexed Crimea despite EU sanctions.
Products exported to these shops from Russia come through the port of Kerch, even though the European sanctions prohibit this, sources at the agency says.
According to these sanctions, EU companies cannot do business in the Crimea. Reuters reports that the representatives of Metro and Auchan have stated that they are not violating the sanctions as their stores are …
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Biden: Kyiv shouldn't give the EU a reason to lift sanctions on Russia
The Vice President of the United States, Joe Biden, called on Ukraine to speed up the reform process, warning that some European countries are waiting for a reason to remove the sanctions against Russia.
“We know that there are at least five countries that will refuse to participate in the continued extension of sanctions against Russia, should Ukraine give the European Union a reason to do so,” Biden said in his speech before the Foreign Affairs Council in New York on the 21st of September. …
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During visit to the US, Poroshenko raised the issue of providing Ukraine with lethal weapons
Ukrainian President Petro Poroshenko recently began his visit to the United States. His visit will include a statement during the general debate of the 71th session of the UN General Assembly and participation in the Security Council Summit and high-level meeting dedicated to the refugee and migrant crisis.
Moreover, as reported on the president’s website, at the sidelines of the UN general assembly, a number of meetings have been scheduled between Poroshenko and foreign leaders, in particular, …
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EU extends sanctions against Russia for another six months
The EU Council has adopted a decision on the approval of the proposal to extend individual sanctions against 146 Russian and Ukrainian individuals, and against 37 legal entities. These sanctions were extended for six months, until the 15th of March 2017.
The sanctions apply to people and organizations who the EU considers responsible for the violation of the territorial integrity of Ukraine, and who have caused damage to its sovereignty. Sanctions include the freezing of their bank assets in …
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Germany sees no reason to lift sanctions on Russia
Most politicians in Germany see no reason for lifting the sanctions against Russia. This was said by the German Ambassador to Ukraine, Ernst Reichel, in an interview with Interfax-Ukraine.
According to him, a “broad consensus” in this spirit was reached at the political level. This view is not only shared by the party of the left forces, which is the former Communist Party of East Germany.
Some entrepreneurs in economic associations also have differing opinions on the extension of sanctions …
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Ukraine extends sanctions against companies and citizens who support Russian policy
The Cabinet of Ministers of Ukraine released the decision to extend economic sanctions and restrictive measures against companies and citizens who pose a threat to the national interests of Ukraine. The corresponding Resolution Number 639 was published on the government’s website.
“The decision invites a strengthening of the sanctions policy by extending the list of individuals and entities that contribute to or finance terrorism and pose a threat to the national interests, national security, …
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Media: US sanctions could stop construction of Nord Stream 2
U.S. restrictions disrupt the important Russian-Austrian deal that should be completed before the construction of a new gas transportation system (GTS).
The Chairman of the Managing Committee of Russian energy company Gazprom, Alexey Miller, assured that the extension of the U.S. sanctions against Russia that were imposed due to the war against Ukraine will not affect the activity of the Russian energy giant. However, there are many of Gazprom’s specialized structural units among the more than …
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US expands sanctions against Russian companies
The United States government has expanded the list of Russian companies that are subject to economic sanctions in connection with Moscow’s aggressive policy towards Ukraine. The new list of companies was published by the U.S. Department of Commerce, which posted it on the website of the government's Federal Register bulletin.
This list featured 81 enterprises that were connected with the energy sector in one way or another or were involved in various projects in the annexed Crimea. The …
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EU extends sanctions against Russia
The European Union has extended sanctions against Russia because of the annexation of the Crimea in 2014 for another 6 months. This was reported by Radio Liberty correspondent in Brussels Rikard Jozwiak on Twitter on Wednesday, September 7th. This decision affects 146 people and 37 legal entities from Russia, Ukraine, and the occupied Crimea.
According to the correspondent of 112 Ukraine TV channel in Brussels, this decision should be published before September 15th, when the term of the …