Contents tagged with Embargo

  • The EU extends embargo on arms exports to Belarus

    The Council of the European Union officially extended the sanctions against Belarus for arms sales and exports of goods that could be used for internal repression. It also extended an entry ban to four people.

    As stated in the decision published on February 23 on the website of the EU Council, which was adopted the day before, the sanctions were extended for another year, until February 28, 2019.

    "These measures include an embargo on the supply of weapons, a ban on the export of means that …

  • Ukrainian Prime Minister: Russian embargo will cost Ukraine $600 million

    At the Cabinet meeting, the Ukrainian Prime Minister, Arseniy Yatsenyuk, stated that Ukraine has to get ready for Russian embargo . “We are also getting ready for new import restrictions imposed by Russia to come into effect. Our preliminary estimate for 2016 is that Ukraine will lose $600 millions of export to the Russian Federation" – stated the Prime Minister. Arseniy Yatsenyuk said that three years ago Ukraine was almost 35% dependent on the Russian market, and now the number has been …