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EU prolongs sanctions against Russia

12 July 2021 15:04 (UTC +04:00)

The Council of EU has announced the decision to prolong sanctions against Russia by six months, APA reports citing the website of the Council of EU.

“Sanctions limit access to EU primary and secondary capital markets for certain Russian banks and companies and prohibit forms of financial assistance and brokering towards Russian financial institutions. The measures also prohibit the direct or indirect import, export, or transfer of all defence-related material and establish a ban for dual-use goods for military use or military-end users in Russia. The sanctions further curtail Russian access to certain sensitive technologies that can be used in the Russian energy sector, for instance in oil production and exploration,” reads the press release.

"The Council decision follows the latest assessment of the state of implementation of the Minsk agreements - initially foreseen to happen by 31 December 2015 - at the European Council of 24-25 June 2021," noted in the information.