Contents tagged with Sanctions on Russia
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EU extends sanctions against Russia until August 2018
The Council of the European Union has extended sanctions against Russia until July 31, 2018.
“On December 21, 2017, the Council extended economic sanctions against specific sectors of the Russian economy until July 31, 2018,” the report stated of the European Council.
Initially, these measures were introduced on July 31, 2014 for a period of one year in response to Russia’s actions that destabilized the situation in Ukraine. They were strengthened in September of the same year and are …
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Ukrainian politician: pressure and sanctions will force Russia to return Crimea to Ukraine
Pressure and sanctions against Russia should lead to the return of Crimea to Ukraine, as stated by the Ukrainian Deputy Minister on issues of the temporarily occupied territories and internally displaced persons, Yuri Hrymchak in an interview with Apostrophe.
"I believe that at some point keeping the occupied Crimea will become so toxic to the Russian Federation that abandoning it will be a salvation for Russia itself as a state," Hrymchak said.
According to the Deputy Minister, a similar …
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U.S. imposes sanctions against two Russian companies
The U.S. Department of Commerce announced new licensing and export restrictions against two Russian companies that work in the military-industrial sector: missile designer Novator and research and production center Titan-Barricade, reports Radio Svoboda.
According to the agency’s December 19 announcement, these companies are responsible for the production of cruise missiles which are banned by the 1987 arms control treaty between the USSR and the USA (on the elimination of small and medium- …
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Russian Finance Minister: Moscow must prepare for new Western sanctions
While speaking at a collegium of finance, treasury and tax authorities in Kazan, Russian Finance Minister Anton Siluanov said that Russia is being threatened with new financial sanctions.
Anton Siluanov, the head of the Ministry of Finance of the Russian Federation, arrived at a joint meeting of Tatarstan's financial departments on December 16. He said that the country faces new financial sanctions, reported Komsomolskaya Pravda.
According to Siluanov, the budget deficit needs to be reduced …
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Ukrainian Foreign Minister: EU will increase pressure on Russia next year
Ukrainian Foreign Minister Pavlo Klimkin said in an interview with Voice of America to expect an increase in international pressure on Russia in the form of expanded sanctions and increased security assistance to Ukraine next year.
"The EU is beginning to understand that other steps are needed, because Russia is waging war not only against Ukraine, but against the institutions of the European Union. Spain, the Netherlands, the United Kingdom and Germany are increasingly saying that such a …
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Minister of Foreign Affairs of Austria: The new Austrian government will follow the EU's policy of sanctions against Russia
The future head of the Austrian government, the current Minister of Foreign Affairs, Sebastian Kurtz, promised to adhere to the current policy regarding EU sanctions against Russia, as stated during a speech in Vienna on Saturday, December 16th, DW reports.
At the same time, his partner in the coalition, chairman of the right-wing populist Freedom Party of Austria, Heinz-Christian Strache, said that he would personally prefer that sanctions against Russia be canceled, but if the majority in …
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Ukrainian Foreign Minister: EU will introduce new sanctions on Russia in February 2018
In February 2018, new international sanctions will be imposed against Russia, including Russian businessmen, as stated by the head of the Ministry of Foreign Affairs of Ukraine, Pavlo Klimkin, on Friday, December 15, on Pryamoi TV show.
"Yesterday, the European Union extended sanctions, and a new portion of sanctions will be introduced in February. They are very serious because they concern, among other things, the assets of Russian oligarchs. We are now discussing how to create such pressure," …
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Kremlin: new EU sanctions unlawful
The Kremlin regrets that the leaders of the European Union have decided to extend anti-Russian economic sanctions, as the country considers the sanctions to be illegal; at the same time, Russia hopes to normalize relations with Brussels, stated the Russian President’s Press Secretary, Dmitry Peskov.
"We still regret and believe that such decisions run counter to the interests of the EU member countries and Russia. Russia still considers these sanctions illegal and wrong; yet, we are still on a …
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EU extends sanctions against Russia
President Petro Poroshenko announced that the EU has decided to extend the economic sanctions against Russia.
“It is an important political decision by the leaders of the EU to continue the economic sanctions against Russia for violating the territorial integrity of Ukraine and being unwilling to stop the hybrid aggression against our country. It is a suitable response to Moscow for not meeting her obligations and a clear call for changes in the Kremlin’s policy,” Poroshenko wrote on Facebook. …
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Media: Kremlin considering setting up special cash settlement center to provide safety net against US sanctions for Russian banks
Two sources in Russian state departments told RBC that a settlement and cash center based on the Federal Treasury could become one of the state defense order’s options for financing through authorized banks. “Such an option is being discussed by the Russian authorities,” a source at one of the banks that works with the state defense order told RBC. According to the source, this is one of the options under consideration for insurance against the risk of a possible increase in anti-Russian …