Russia: EU prolongs economic sanctions by six months

EU News 238/2016

Council of the EU
01/07/2016

On 1 July 2016, the Council prolonged the economic sanctions targeting specific sectors of the  Russian economy until 31 January 2017.

These measures were introduced on 31 July 2014 initially for one year in response to Russia's actions destabilising the situation in Ukraine. They were reinforced in September 2014. They target  the financial, energy and defence sectors, and the area of dual-use goods.

Source and additional information:
http://www.consilium.europa.eu/en/press/press-releases/2016/07/01-russia-sanctions/

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