Putin visits international jazz festival in Crimea’s KoktebelSociety & Culture August 21, 2:31
Militants launch shell on exhibition complex near Damascus - televisionWorld August 20, 15:27
Cardinal Parolin: Dialogue of Roman Catholic and Orthodox Churches to help them feel unitySociety & Culture August 20, 8:27
Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
MOSCOW, August 30, 3:26 /ITAR-TASS/. The Association of European Businesses incorporating several thousand companies operating in Russia or in contact with Russian partners has urged the EU heads of state to refrain from taking more economic sanctions against Russia.
The AEB issued a news release with this call ahead of European Council meeting that will be discussing the possibility of more sanctions on Russia over the latest developments in Ukraine.
“The previous sanctions were ineffective as they did not change the course of the events. Moreover they are deeply damaging to business conditions and to the markets, not only in Russia and Ukraine but also in the EU,” the AEB said.
The AEB asked the EU heads of states and government “to keep business, which creates wealth, jobs and stability, out of politics and to solve the Ukrainian crisis diplomatically.”
This is not the first time the AEB is addressing the EU and Russia to refrain from sanctions. In early August the association’s members asked the EU and Russian authorities to protect investors on both sides from any further retaliatory restrictive measures.
The Association of European Businesses was established in 1995. Currently it unites 630 companies in the EU countries and Russia. Among its members there are both transnational giants, including Bonduelle, Nestle, Valio and Auchan and medium and small businesses.
On August 7 Russia retaliated to Western sanctions imposed over events in Ukraine. It prohibited all import of beef, pork, vegetables, fruit, poultry, fish, cheese, milk and dairy products from the European Union countries, Australia, Canada, Norway and the United States.