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The European Union has extended economic sanctions against Russia until July 31, 2023.

The European Union (EU) today decided to extend for another six months, until July 31, 2023, the sanctions against certain sectors of the Russian economy, in force since 2014, in connection with the annexation of Crimea.

The EU Council said in a statement that it had decided to extend for six months the sanctions first adopted in 2014 in response to Russia’s actions to destabilize the situation in Ukraine, with the illegal annexation of the Crimean peninsula and escalation after the start of the military offensive in February 2022.

These sanctions currently include, among other things, restrictions on the import and maritime transport of crude oil and certain Russian petroleum products in the EU, a ban on access to the SWIFT (society for Worldwide Interbank Financial Telecommunications) financial transaction system for certain banks. The Russians and the suspension of broadcasting activities and media licenses used by the Kremlin (Russian Presidency) as tools to manipulate information and spread disinformation, the same information note says.

Author: Portuguese
Source: CM Jornal

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