BAKU, Azerbaijan, June 30. The European Council
has extended economic restrictive measures against Russia, , Trend
reports citing the Council.
“The Council today renewed the EU restrictive measures in view of
the Russian Federation’s continuing actions destabilising the
situation in Ukraine for a further 6 months, until 31 January 2026,
Trend reports.
“These economic measures, first introduced in 2014, were significantly expanded since February 2022 in response to Russia’s unprovoked, unjustified and illegal military aggression against Ukraine.
They currently consist of a broad spectrum of sectoral measures, including restrictions on trade, finance, energy, technology and dual-use goods, industry, transport and luxury goods. They also cover: a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, a de-SWIFTing of several Russian banks and the suspension of the broadcasting activities and licenses in the European Union of several Kremlin-backed disinformation outlets,” said the European Council.
Additionally, specific measures enable the EU to counter sanctions circumvention.
“As long as the illegal actions by the Russian Federation continue to violate fundamental rules of international law, including, in particular, the prohibition on the use of force, it is appropriate to maintain in force all the measures imposed by the EU and to take additional measures, if necessary,” said the Council.