The EU extended economic sanctions to Russia
The EU extended for a further six months, until 31 July 2024, the economic sanctions it has imposed on Russia for the occupation of Ukraine
The European Union (EU) extended for a further six months, until 31 July 2024, the economic sanctions it has imposed on Russia for the occupation of Ukraine.
The 27 began to implement punitive measures against Moscow since the annexation of Crimea in 2014, but increased them after the large-scale invasion of Ukraine on 24 February 2022, affecting various sectors of the economy, such as the financial, industrial, military and transport sectors.
The EU has thus excluded 10 Russian banks from the international SWIFT system, making it difficult for them to access foreign currencies and transfer assets abroad.
Among the main economic sanctions are also the agreement to set limits on the price of Russian diesel and other petroleum products sold by the bloc to third countries or the ban on imports of Russian diamonds into the EU, a measure that will be implemented gradually and will be fully in force by September this year.
The measures also prohibit the export to Russia of dual-use goods, particularly those that Moscow has used on the battlefield.
Since the start of the large-scale invasion, the bloc has also vetoed the EU broadcasting of Kremlin-affiliated Russian media such as RT and Sputnik.
“As long as the illegitimate actions of the Russian Federation continue to violate the prohibition on the use of force, which constitutes a serious breach of obligations under international law, all measures adopted by the EU should remain in force and additional measures should be taken if necessary”, the EU Council said in a statement.
Since February 2022, the EU has approved 12 packages of sanctions against Russia and is already preparing the 14th, focused mainly on preventing Moscow from evading punitive measures, according to EU sources.
K. Tovar
Source: Descifrado
(Reference image source: Markus Spiske, Unsplash)
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