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EU extends sanctions on Russia

 
 
 
 
 
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Ambassadors from the European Union member states have agreed to prolong until 2016 the bloc’s punitive measures against Russia over its alleged involvement in Ukraine’s crisis.

On Wednesday, the EU Committee of Permanent Representatives reached an agreement on extending bloc’s economic sanctions against Moscow by six more months, Russia’s Interfax news agency said, citing EU diplomatic source.

Envoys from the 28 EU member states reached a “consensus” on the legal text mandating the extension of the sanctions from July up until the end of January next year, European sources said, according to AFP. The document is expected to be submitted for formal approval by EU foreign ministers next Monday.

Russia has been the target of several rounds of sanctions by the US and EU, which accuse Moscow of supporting pro-Russia forces in east Ukraine. Russia has categorically denied the allegation.

The two mainly Russian-speaking regions of Donetsk and Lugansk in eastern Ukraine have been the scene of deadly clashes between pro-Russia protesters and the Ukrainian army since Kiev started military operation in the regions in April 2014 in a bid to crush the protests.

Violence intensified last May after the two regions held local referendums in which their residents voted overwhelmingly in favor of independence from Ukraine and joining the Russian Federation.

The crisis so far has claimed the lives of at least 6,400 people, according to UN figures.

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  • noode US

    Can some one analyze How effective these sanctions are? Once Obama said something like that even though sanctions are NOT effective at all, but we will be still playing “sanction sanctions” game. As we love to play it and which also keeps us busy on the papers as well on the media.

  • noode US

    Look at “The Man” in pic, he is watching closely or analyzing.
    Is he smirking?

  • noode US

    Do sanctions work?
    Russia to spend 20 billion rubles to build ” War Disneyland “
    http://www.theguardian.com/world/2015/jun/16/vladimir-putin-opens-russian-military-disneyland-patriot-park

    Russia, near Moscow began building an area of ​​55 square kilometers of “Patriot” theme park, Russian media called the “war to Disneyland.” This park will be a major expansion in the world-famous museums based on the area near the Moscow Central Administrative Region built. It is not only the expansion of sea air force museum, theater and a variety of services will be provided free to visitors parachute, firing heavy machine guns, tanks and various military equipment and other recreational projects driving ……. The park will begin operating in 2017, it is expected to receive 20,000 visitors a day.

  • noode US

    Gazprom inks plan for new gas pipeline to Germany.

    Russian energy giant Gazprom has confirmed plans to expand its Nord Stream gas pipeline beneath the Baltic Sea and into Germany. The new pipeline would be built in cooperation with Eon, OMV and British-Dutch Shell.

    France and Briton are not too bad either for second stage and third stage expansion. The Most Powerful Man in whole planet (according to Forbes, while I am re-checking my own stuff.) should give a second thought on second and third stage expansion. Germans are quite capable of extending it to Netherlands, if they wish.

    Just GO for it.

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