The Council of the European Union has prolonged sanctions imposed in response to Russia’s unlawful annexation of Crimea and town of Sevastopol till 23 June 2026.

Supply: an official assertion by the Council of the EU on Monday 16 June, as reported by European Pravda

Particulars: The EU first launched these sanctions in June 2014. They embody a ban on imports of products from illegally annexed Crimea and Sevastopol into the European Union, in addition to prohibitions on infrastructure and monetary investments and the availability of tourism companies in these areas.

As well as, the export of sure items and applied sciences to Crimean firms or to be used in Crimea is banned, notably within the areas of transport, telecommunications and power. Restrictions additionally apply to the availability of apparatus used for oil, gasoline and mineral exploration and extraction.

The European Union has as soon as once more confirmed that it doesn’t recognise the unlawful annexation of Crimea and Sevastopol and strongly condemns it as a violation of worldwide regulation. Brussels emphasised that the annexation contradicts the elemental rules of the worldwide neighborhood.

The EU assertion highlights that since 2022, Russia has violated Ukraine’s sovereignty and territorial integrity additional by launching an unprovoked and unjustified battle.

Background:

• The EU is presently getting ready its 18th bundle of sanctions towards Russia in response to its full-scale invasion of Ukraine. The draft features a proposal to decrease the worth cap on Russian oil from US$60 to US$45 per barrel.
• Nevertheless, it was reported that the European Union won’t unilaterally scale back the worth cap on Russian oil from US$60 to US$45 per barrel, as this initiative is unlikely to be supported by the Group of Seven (G7).
• The European Fee has proposed that the sanctions bundle ought to embody extra measures towards Belarus and sanctions focusing on software program utilized by Russian banks.

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