Bank Of Baku

EU extends sanctions against Russia

EU extends sanctions against Russia
# 01 July 2016 15:07 (UTC +04:00)

The measures target the oil, financial and defence sectors of the Russian economy and were first imposed after the shooting down of Malaysia Airlines flight MH17 in July 2014, blamed on pro-Moscow rebels in eastern Ukraine.

 

"On 1 July 2016, the (European) Council prolonged the economic sanctions targeting specific sectors of the Russian economy until 31 January 2017," the EU said in a statement.

 

The EU said in a tweet in Russian that it was rolling over the sanctions because the provisions of the February 2015 Minsk peace deal aimed at ending the Ukraine conflict were "not fully implemented."

 

Earlier, the Council prolonged EU economic sanctions against Russia until 31 July 2016. 

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