EU Extends Russia Sanctions For Another 12 Months

Date:

European Union leaders have agreed to extend economic sanctions against Russia over the conflict in Ukraine for another 12 months, according to a spokesperson for the summit chair.

The decision was reached during a meeting of EU leaders in Brussels on Thursday and marks the first time the bloc has renewed the sanctions package for a full year.

Previously, the measures targeting key sectors of the Russian economy were extended every six months and required regular approval from member states.

The latest move signals continued EU support for maintaining economic pressure on Moscow as the war in Ukraine enters its fourth year.

The sanctions cover a range of sectors, including finance, trade, energy and technology, and are aimed at limiting Russia’s ability to sustain its military operations.

EU officials said the extension reflects the bloc’s ongoing commitment to its policy towards Russia amid the continuing conflict.

Share post:

Popular

More like this
Related

Livestock Farm Allegedly Used To Launder Drug Money Raided In Thailand

Thai authorities have seized assets worth more than 93.3...

Jalaluddin Demands Proof Over Allegations Of Plot Against Negeri Sembilan Leadership

Negeri Sembilan UMNO chairman Datuk Seri Jalaluddin Alias has...

Customs Officers Sharpen Digital Crisis Management Skills Through Media Training

The exposure of Royal Malaysian Customs Department personnel to...

Palm Oil Worker Arrested After Police Find Airgun, Samurai Sword And Drugs

A palm oil plantation worker was arrested after police...