Contents tagged with Sanctions
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Russia postponed the commissioning of the nuclear-powered icebreaker Arktika because of sanctions and loss of access to Ukrainian turbines
Last May, Russian President Vladimir Putin was forced to push back the deadline for the delivery of the main nuclear-powered icebreaker LK-60YA Arktika from 2017 to 2019, reported Kommersant newspaper.
Putin demanded to take personnel, organizational and managerial decisions because of the failure of the state contract. The Accounts Chamber, the Prosecutor General's Office and the Federal Security Service are expected to conduct a project audit.
The key problem of the Arktika was the turbines. …
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Lavrov: sanctions imposed on Syria exacerbate the humanitarian crisis in the country
Russia considers the existence of EU and US sanctions against Syria to be an abnormal situation, said Russian Foreign Minister Sergei Lavrov following negotiations with the High Representative of the EU for Foreign Affairs, Federica Mogherini.
"We have already discussed with our colleagues this, in my opinion, abnormal situation. Sanctions in many respects hamper the development of manufacturing of basic necessities in the Syrian Arab Republic, including the pharmaceutical industry, which was …
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Russia has extended retaliatory sanctions against the EU till the end of 2018
Russia extended counter-sanctions against Western countries for another year, until December 31, 2018, as stated in an order issued by President Vladimir Putin.
According to the Decree, the government was instructed to ensure measures to implement the Decree, and, if necessary, to make amendments with regard to the duration of the sanctions.
The document comes into force as of the date of its signing.
On June 28th, the European Union extended anti-Russian sanctions until January 31, 2018. …
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Ukraine will appeal a possible penalty for not allowing Russian singer to participate in Eurovision
The European Broadcasting Union (EBU) has not yet made a final decision on the application of sanctions against Ukraine due to the refusal to allow Russian singer Yulia Samoylova to participate in Eurovision 2017, as reported by the head of the Public Relations and Mass Media Department of the National Public Broadcasting Company of Ukraine (PBC), Victoria Sidorenko, Ukrinform reports. According to her, if the fine is imposed, the PBC will appeal it. Sidorenko said that the issue of imposing …
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Kremlin: Russia will not continue consultations with Washington on normalization of relations
Moscow will not continue bilateral consultations with the US on improving relations after the expansion of US sanctions, as stated by Deputy Minister of Foreign Affairs of Russia Sergey Ryabkov ,reports the Press Service of the Russian Foreign Ministry.
"It had been planned to continue, in the coming days, bilateral consultations on 'irritants' that have accumulated in Russian-American relations, in order to search for solutions to the extremely difficult situation toward which the American …
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Crimean Tatar leader: Sanctions against Russia should remain in place until they completely withdraw from the Crimea
The leader of the Crimean Tatar people, Mustafa Dzhemilev expressed hope that the European Union would continue a consistent policy towards the Crimea and that the sanctions would remain in effect until it is completely de-occupied.
"Sanctions are the main thing for “de-occupation.” The European Union’s decision is very motivating because in the Crimea, repression has intensified against citizens who remain faithful to their state. I hope that these sanctions will continue until the complete …
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Kremlin warns the US against entering into a ‘sanctions spiral’
The intention of the US Congress to introduce new restrictive measure against Russia can result in a new wave of mutual sanctions, as stated by the press secretary Russian President, Dmitry Peskov.
«We would not like to enter into a sanctions spiral again, but this is not our choice», — said Peskov
He also noted that in the meantime it is still early to make any judgments since the statements of the American Senators have not been followed up yet by any concrete steps.
“They make so many …
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German Foreign Minister: Russia must implement Minsk Agreements for sanctions to be lifted
The head of the Foreign Ministry of Germany said that the main condition for the lifting of sanctions against Russia would be for Russia to implement the Minsk agreements, Espresso TV reported.
"During his visit to St. Petersburg at the international economic forum that is taking place there on June 1-3, Foreign Minister of Germany Sigmar Gabriel discussed the situation in Ukraine with the President of the Russian Federation, Vladimir Putin," the German media reports.
During his meeting with …
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Kyiv bans Ukrainian banks from serving Russian companies hit by sanctions
The National Bank of Ukraine approved a procedure for banks to implement the decision of the National Security and Defense Council of Ukraine (NSDC) on the application of personal special economic sanctions against a number of Russian companies, including Russian social networks VKontakte, Odnoklassniki, and resource sites Yandex, Mail.ru and accounting program 1C, as reported by UNIAN, citing Resolution No. 46 on the website of The National Bank of Ukraine.
As noted, beginning June 3, banks …
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Yandex decided to close its offices in Ukraine
Yandex has decided to close its offices in Kyiv and Odessa because of the sanctions imposed by Ukraine, as reported by Interfax."Yandex.is included on the sanctions list and in fact is unable to conduct business in Ukraine. In particular, all accounts of the company are frozen so we cannot pay salaries to our employees. Therefore we decided to close offices in Kyiv and Odessa," the representative of the company, Ochir Mandzhikov said. He noted that the staff will be offered positions in other …