Contents tagged with Sanctions on Russia

  • Putin: U.S. wants to push Russia out of European energy markets

    The U.S. wants to oust Russia from the energy markets of Europe through sanctions, stated on Thursday, October 19,  Russian President Vladimir Putin at the session of the Valdai Discussion Club.

    “Some do not even hide the fact that they use political pretexts and occasions to promote their own, purely commercial interests. Thus, the recent sanction package adopted by the U.S. Congress is openly aimed at pushing Russia out of the European energy markets, forcing Europe to switch to more …

  • Russia preparing a bill to counter the US sanctions

    The State Duma of the Russian Federation is working on a draft bill on countering the US sanctions policy as stated by the Russian State Duma Chairman, the Speaker of the Lower House of the Russian Parliament, Vyacheslav Volodin, RIA Novosti reports.

    "We are working on this issue, but we can’t present it yet and talk about specific content," he said, answering the question of whether the work on the relevant draft bill is going on in the State Duma.

    The United States recently strengthened …

  • President of Bulgaria: Sanctions against Russia should be abolished

    At a meeting with Polish President Andrzej Duda, Bulgarian President Rumen Radev said that he wants European sanctions against Russia to be abolished, Nova TV reported.

    According to Radev, it is necessary to seek diplomatic solutions for Russian issue, so as not to harm business. "In the economic sense, these sanctions are very painful," he said.

    According to the Bulgarian president, sanctions cannot last forever, and business should not suffer from this.

    "Therefore, they must be eliminated," …

  • European Parliament calls on EU to intensify sanctions against Russia over repressions in Crimea

    The European Parliament (EP) has called on the European Union (EU) to expand the list of economic and personal sanctions against Russia and those involved in the persecution of the Crimean Tatars, as well as other Ukrainian hostages of the Kremlin.

    The corresponding item is included in drafts of five registered resolutions of the legislative body of the EU concerning the cases of Crimean Tatar leaders Akhtem Chiygoz, Ilmi Umerov and journalist Mykola Semena, Ukrinform reports.

    "The European …

  • US widens sanctions against Russia due to insufficient human trafficking prevention procedures

    The White House reported that the United States added Iran to the list of countries subject to sanctions as a result of "insufficient efforts" in the fight against human trafficking, while at the same time increasing the number of sanctions against Russia, which was already on this list.

    The White House statement on September 30th indicated that in addition to Iran, Venezuela, and four African countries - the Democratic Republic of the Congo, Equatorial Guinea, Sudan, and South Sudan - will be …

  • Former US ambassador to Russia: the US sanctions are effective but did not change the situation with Ukraine

    US sanctions against Russia did not lead to a drastic change in the situation in Ukraine, said in an interview with the Kommersant newspaper former US Ambassador to Russia, John Tefft.

    In his opinion, the imposed sanctions proved to be effective against Russia. "And the Russian president, together with a number of other Russian Federation officials, acknowledged this," he emphasized. "But did these sanctions lead to a drastic change in the situation in Ukraine? Obviously not."

    Nevertheless, …

  • US to strengthen sectoral sanctions against Russia

    The United States considers further strengthening of sanctions against the energy and banking sectors of the Russian economy, which were imposed for its aggression against Ukraine, as stated by the US Treasury, Radio Liberty reports.In a month, on November 28th, restrictions will be imposed on the terms for financing Russian companies under sanctions by the US legal entities or individuals, as well as from within the United States.

    For Russian companies in the energy sector, the time during …

  • Bulgaria to seek lifting of sanctions against Russia during its Chairmanship in the EU

    Bulgaria intends to seek the lifting of sanctions against Russia during its term as chairman of the Council of the EU in 2018, as announced by the Prime Minister of Bulgaria Boyko Borisov during the opening of an office of the European Investment Bank in Sofia, news agency Ukrinform reports.

    “During our term as chairman of the EU, we must work politically and diplomatically to lift sanctions from Russia and reduce tensions between Europe and Russia. I do not know if we will be able to do this, …

  • Court hearing of Siemens turbine case to commence on October 20th in Moscow

    The Moscow Arbitration Court scheduled a preliminary meeting on October 20th to review the suit brought by the joint venture of Siemens and OJSC Power Machines – Siemens Gas Turbine Technologies LLC (SGTT) – against two Russian enterprises, the Rostec state corporation and Technopromexport JSC, as stated in the court documents. 

    The press service of Siemens in Russia has not yet commented on the content of the claim against Rostec.

    Earlier, Siemens itself filed a lawsuit against …

  • German Foreign Minister: the EU may loosen sanctions on Russia if it fulfills its obligations regarding the peacekeepers in Donbas

    The European Union can ease sanctions if the Russian proposal for the deployment of peacekeepers to the Donbas is quickly implemented, said German Foreign Minister Sigmar Gabriel, according to Der Spiegel magazine.

    "If the deployment of peacekeepers is successful and if this can be quickly implemented, then of course we should also take action and ease sanctions," Gabriel said.

    Gabriel added that it is necessary to "quickly begin negotiations in New York" about the deployment of the …