Contents tagged with Sanctions

  • 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 …

  • 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, …

  • 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.

  • 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 …

  • 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 …

  • 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 …

  • President of Moldova called on the EU and US to continue sanctions against Russia

    The President of Moldova, Nicolae Timofti, called on the European Union and the United States of America to extend sanctions against Russia.

    During a meeting on Saturday with the Prime Minister of the Czech Republic, Bohuslav Sobotka, who arrived to Chisinau on a visit, the President of Moldova recalled that the separatist region of his country, Transnistria, was the Kremlin’s "first experiment" in instigating a Pro-Russian separatist conflict.

    Moscow supported the separatists in Transnistria …

  • Merkel: Sanctions against Russia will not end by themselves

    German Chancellor Angela Merkel stated that sanctions imposed against Russia “will not end by themselves.”

    According to Reuters, she stated that implementing the Minsk Agreements is the key to lifting the sanctions.

    The EU imposed economic sanctions against Russia in July 2014 due to the crisis in Ukraine. In response, Russia banned the import of a number of products from the EU. The European Union tied these sanctions to the Minsk Agreements. According to the EU, the terms of the Minsk …

  • Bulgarian President: Russia is trying to destroy the foundations of the EU

    Russia is trying to destroy the foundations of the European Union, as stated by the President of Bulgaria, Rosen Plevneliev, on Wednesday, June 8th speaking in the European Parliament, EurActiv reports.

    According to him, the crisis in Ukraine shows that Russia "does not support the principles of international order. The Kremlin is trying to destabilize the situation in the EU. He tries to destroy and bring down the foundations of the European Union, such as unity, solidarity and the rule of …

  • Financial Times: EU sanctions against the Kremlin will be extended for another six months

    European Union (EU) countries, who support sanctions against Russia, have postponed discussions about their demands until the EU leaders summit in December. This was reported by the Financial Times, citing sources in Brussels.

    In addition, and despite signs of some bloc countries softening their attitudes, the EU intends to extend sanctions against Russia for another six months.

    The newspaper reports that diplomats fear that this extension may, over the next two weeks, trigger disputes …