European Solidarity: EU Prolongs Sanctions Against Russia

European Solidarity: EU Prolongs Sanctions Against Russia

Blog Article

The European Council has eu newsletter renewed its comprehensive economic sanctions against Russia for an additional six months, extending until January 31, 2025, in response to ongoing aggression and destabilizing actions in Ukraine. Initially imposed in 2014 and significantly intensified following Russia's full-scale invasion in February 2022, these sanctions target key sectors such as trade, finance, technology, and luxury goods. Key measures include a ban on importing Russian seaborne crude oil, the de-SWIFTing of multiple Russian banks, and the suspension of Kremlin-backed disinformation outlets within the EU. The Council's decision underscores its commitment to supporting Ukraine's sovereignty and territorial integrity, and maintaining pressure on Russia to copyright international law.

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