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Anti-Russian sanctions

EU resolution to extend sanctions against Russian and Ukrainian entities comes into force

The text of the resolution has been published on the Official Journal of the European Union

© EPA/ZURAB KURTSIKIDZE

BRUSSELS, September 16. /TASS/. The resolution by the Council of the European Union to extend sanctions related to the black list of individuals and organizations of Russia and Ukraine until March 15, 2017, has come into force.

The text of the resolution has been published on the Official Journal of the European Union.

This is the final stage of the Brussels administrative procedure. The political verdict to extend restrictive measures was issued on September 7 by the Committee of Permanent Representatives (COREPER). On September 15 it was approved by Council of the European Union.

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Source: EU Council extends sanctions against Russian, Ukrainian entities

To date, the black list consists of 146 people and 37 organizations. The last time its effect was extended for six months on March 9. The list includes representatives of the Russian leadership, Russian politicians, businessmen and security officials, as well as almost all members of the leadership proclaimed Donetsk and Luhansk People's Republic (DNR and LNR). In addition, the list comprised 37 organizations, including all known military and political structure of the DNR and LNR. European businesses were not allowed to maintain any relations with them.

The black list for Russia and Ukraine is the only one of the three independent packages of EU sanctions. In addition to it sectoral economic sanctions are effective until the end of January of 2017, trade and travel restrictions with regard to the Crimea are effective until the end of June 2017 as part of the EU Strategy non-recognition of the Crimea as part of Russia.

At the EU summit in October a detailed discussion on relations with Russia is planned. At this meeting the EU officials will discuss the possibility of lifting or easing of the sanctions regime since the beginning of 2017.

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