04 June 2019, 12:52

EU intends to extend sanctions against Russia for occupation of Crimea. Their term expires in June.

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The European Union intends to extend the sanctions against Russia for the occupation of the Crimea, which expire on June 23.

Russian publication RIA Novosti reported on extencion with reference to a source in European institutions.

The term of this portion of the sanctions is indeed expiring on June 23. But the position remains unchanged, the EU does not recognize the illegal annexation of the Crimea, so the measures should be extended further, – said the source of the Russian news agency.

Sanctions against Russia due to the occupation of the Crimea prohibit EU residents and companies from buying property or enterprises on the peninsula, financing Crimean companies or providing them with related services.

The entry of ​​European cruise ships into the ports of the annexed Crimea and the export of certain goods and technologies to Crimean companies or for use on the peninsula are prohibited as well.

This applies to the transport, energy and telecommunications spheres, as well as those areas that are associated with exploration, extraction of mineral resources, gas and oil.

Earlier, QHA reported that Finnish President Sauli Niinistö believes that the sanctions imposed due to Russia’s actions in recent years will be in effect until Moscow itself changes its position. Austria also considers the annexation of Crimea a violation of international law and does not plan to abandon anti-Russian sanctions.