The European Union has prolonged Russia’s economic sectoral sanctions for another six months, the EU Council published a statement on Monday, TASS reports.
According to the statement, the EU Council today voted to prolong sanctions targeting particular sectors of the Russian economy for another six months, until January 31, 2022. This decision by the EU Council was based on an evaluation of the Minsk accords’ execution at a European Council [summit EU] meeting on June 24-25.
These sanctions were “imposed in 2014 in response to activities worsening the situation in eastern Ukraine,” according to the EU Council.
According to a European diplomatic source who spoke to TASS previously, the foreign ministers planned to prolong the sanctions without debate. 10 minutes after the ministerial meeting in Brussels began, the EU Council released a statement on the subject.
In response to the events in Ukraine and the reunification of Crimea with Russia, the EU slapped sanctions on the Russian Federation in 2014. Several times, the restrictive restrictions have been expanded and extended.
Negotiations on a visa-free regime and a new fundamental agreement on cooperation were halted, and officials from the Russian Federation were barred from entering the community nations and their assets were frozen.
There were also trade, financial, and military limitations announced. In retaliation, Russia put an embargo on a number of food imports from the European Union.
