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EU may start revising sanctions vs Russia on September 30 — report

September 23, 2014, 18:01 UTC+3 MOSCOW
The process of easing the sanctions may be started in a week, after the EU ambassadors study an official report on the implementation of ceasefire and peaceful settlement agreements, an EU source says
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MOSCOW, September 23. /ITAR-TASS/. The EU may start revising sanctions against Russia on September 30 depending on how the Ukrainian peaceful settlement plan is implemented, Kommersant business daily reported Tuesday, citing sources.

The process of easing the sanctions may be started in a week, after the EU ambassadors study an official report on the implementation of ceasefire and peaceful settlement agreements, an EU source said, the daily reported.

Maya Kosyanchich, spokeswoman for EU foreign policy chief Catherine Ashton, did not confirm the possibility of sanctions’ revision on September 30, but said the EU Foreign Service will provide the ambassadors with the report by that day.

One of the sources said that lifting sanctions will not go in the same packages as they were imposed.

Since March, the EU imposed nine packages of sanctions on Russia, including banning five state-owned banks from taking long- and mid-term loans within Europe, banning equipment and know-how supplies to the country’s oil sector and freezing EU assets of 119 Russian and Ukrainian officials and barring them from entering the union.

Russia retaliated by banning food imports from the EU for one year.

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