Home Politics The European Union extends economic sanctions against Russia, Russia counterattacks
The European Union extends economic sanctions against Russia, Russia counterattacks

The European Union extends economic sanctions against Russia, Russia counterattacks

by YCPress

The European Union issued a statement on the 17th that the European Union officially implemented the decision taken at the previous EU summit to extend the economic sanctions against Russia for six months, and the relevant sanctions were extended to July 31, 2021. The previous sanctions will expire on January 31, 2021.

Since 2014, the EU has imposed sanctions on Russian officials and enterprises over the Crimea issue, including freezing accounts and restricting Russia’s borrowing capacity.

Since then, the sanctions measures have been extended several times, and the scope has been expanding.

In response, Russia approved reciprocal measures in the same year and extended the validity period several times.

According to Russia’s Tass News Agency, Russia has extended the validity of the sanctions measures until the end of 2021.