EU extends sanctions against Russia for six months over violating Ukraine's territorial integrity

News
Canan Kevser
15 March 2021, 15:36
Canan Kevser
15 March 2021, 15:36

The Council of the European Union has decided to extend sanctions against the Russian Federation for a further six months, until 15 September 2021.

The council published the relevant statement on Friday, March 12, 2021.

According to the statement, the existing restrictive measures impose travel restrictions, the freezing of assets, and a ban on making funds or other economic resources available to the listed persons and entities.

Sanctions will remain in force against 177 individuals and 48 entities.

Background

Restrictive measures in respect of actions undermining or threatening Ukraine's territorial integrity, sovereignty and independence, were first introduced on 17 March 2014.

Other EU measures implemented in response to the crisis in Ukraine include economic sanctions targeting specific sectors of the Russian economy, currently in place until 31 July 2021 and restrictive measures in response to the illegal annexation of Crimea and Sevastopol, limited to the territory of Crimea and Sevastopol and currently in place until 23 June 2021.

The list of sanctioned persons and entities are regularly reviewed and subject to periodic renewals by the Council.