International

Russia's War on Ukraine: EU Extends Crimea Sanctions

On Monday, the Council of the European Union (EU) extended economic sanctions imposed on Russia in June 2014, following the illegal annexation of Crimea and the city of Sevastopol.

The extension, announced in a statement, will remain in effect until June 23, 2025, according to Agerpres, citing the EFE agency.

The sanctions target various sectors of the Russian economy and aim to limit activity in the annexed territories. Specifically, they prohibit imports into the EU of products originating from Crimea or Sevastopol, along with investments in infrastructure and finance within these areas. Additionally, restrictions are placed on tourist services originating from these annexed regions.

Furthermore, the sanctions limit exports of goods and technologies destined for annexed Crimea or intended for use in the region's transport, telecommunications, and energy sectors. They also restrict prospecting, exploration, and production of oil, natural gas, and mineral resources within the annexed territory.

The EU Council justified the extension by citing Russia's ongoing violation of Ukraine's sovereignty and territorial integrity. The statement specifically refers to Russia's "unprovoked and unjustified war of aggression against Ukraine," which began in 2022.

Translation by Iurie Tataru

Ecaterina Arvintii

Ecaterina Arvintii

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