Contents tagged with Sanctions
The US State Department confirmed that it is working with representatives of the business community in order to convince companies to not do business with Russia in the usual way, RIA Novosti reported. “We continue to clearly state in communications with US companies that we believe that a return to the usual means of conducting business with Russia causes both economic and reputation risks,” the agency quoted the unnamed representative of the US State Department as saying.
According to the …
The European Council formally lifted sanctions against Belarus on February 25th, citing improvements in the country’s human rights situation.
In particular, asset freezes and travel bans were lifted against 170 individuals, including President Alexander Lukashenko, as well as three Belarusian companies.
EU Foreign Ministers made the decision earlier this month after Lukashenko released several political prisoners in August of 2015. The appropriate legislation was approved on February 25th. …
The Minister of Foreign Affairs of Lithuania, Linas Linkevičius, commented on statements given by French politicians regarding the possible dangers of ongoing sanctions, saying that they not only affect the country’s economy, but the European Union (EU) as a whole.
Linkevičius noted that "no one is proud of the sanctions, but they were introduced for a reason".
In an interview with Radio French International (RFI), Linkevičius stated that Russia’s annexation of Crimea was the reason for the …
The United States Air Force will stop launches of the Atlas-5 carrier rockets, in which the Russian RD-180 engines are installed, if the American government decides that Russia, which is subject to sanctions, controls the manufacturer of these engines. This was reported by the Head of the Air Force’s Space and Missile System Center, Lieutenant General Samuel Greaves.
At the moment, the Pentagon is preparing responses regarding sanctions and related issues to a request from the senior United …
The trade volume between Russia and Germany fell by 25 percent in 2015. This is evident from the survey of the German-Russian Chamber of Commerce (GRCC), published on Friday, February 19. German exports to Russia fell by 25.5 percent.
At the same time, the number of companies with German capital in Russia decreased in 2015 from 6,000 to 5,600. According to a survey conducted by the GRCC, only 16 percent of the companies said their position on the market was good or very good. More than 75 …
The European Union (EU) has finally lifted the sanctions against 170 citizens of Belarus, as well as three Belarusian companies. The decision was adopted by the Foreign Ministers of 28 countries at a scheduled meeting of the EU Council. This was reported by the Brussels correspondent of Radio Liberty, Rikard Jozwiak, via Twitter.
"The Foreign Ministers of the EU have decided to exclude 170 people and three Belarusian companies from the sanctions list. The embargo on arms supplies still …
According to Mikhail Samus, an expert at the Ukrainian Center for Army, Conversion and Disarmament Studies (CACDS), several European countries continue to have active arms deals with Russia despite the EU’s sanctions banning such activities.
In an interview with Krym.Realii, Samus claimed that Italy, despite the direct prohibition of the supply of arms and military equipment to Russia, continues to supply Iveco LMV “Lynx” light armored vehicles to the Russian Ministry of Defense.
The population of Crimea is presently viewing Ukrainian television channels via a satellite owned by a number of European companies. At the same time, Crimean TV stations are trying to retransmit their programs through less popular satellites due to the current economic sanctions.
The Adviser to the Minister on the Crimean Information Policy, Emine Jeppar, commented on the matter.
“The Ministry on the Crimean Information Policy is aware of the issue of the channel retransmission by the …
The U.S Treasury Department reported that five additional people have been placed on the Magnitsky sanctions list. A Sevastopol native and former Deputy Interior Minister of Russia, Alex Anichin, as well as Yevgeny Antonov, Boris Kibis, Pavel Lapshov and Oleg Urzumtsev (all citizens of the Russian Federation) were added to the list.
The US State Department has clarified that the Russians were included to the Magnistky list on the basis of reliable information concerning human rights violations. …
In March, the list of EU sanctions against Yanukovych's supporters may be significantly reduced. Ukraine has not yet proven the illegality of the funds withdrawn overseas by ex-officials.For almost two years, Ukrainian law enforcement officers have been investigating the economic crimes of ex-President Viktor Yanukovych and his associates. During this time the European Union has levied sanctions against former Ukrainian officials by blocking their accounts in European banks. According to the …