According to a draft statement by the EU, the asset freezes and travel bans imposed on dozens of Russians, Russian entities, and pro-Russian separatists in Ukraine following Moscow's annexation of Crimea will be extended until the end of 2015.
In the document, which was leaked ahead of an extraordinary meeting of EU foreign ministers on January 29, the EU says that "in view of the worsening situation [in eastern Ukraine], the [EU] council agrees" to extend the sanctions until December.
The document also calls on EU officials to present a proposal on "additional listings" to the list of sanctions within one week.
It adds that the extension and any new listings to the sanctions list are designed to ensure "a swift and comprehensive implementation of the Minsk agreements, which were signed by Ukrainian, Russian, and separatist officials in September and aimed at ending hostilities and leading to the withdrawal of heavy weaponry from the line of contact."
An earlier version of the draft document had said sanctions would be extended until September.