Contents tagged with Sanctions
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EU to extend sanctions against 146 Russian individuals
EU ambassadors will make a decision about extending targeted sanctions against Russian citizens involved in the violation of Ukrainian territorial integrity. In particular, 146 people and 37 companies could have their visas restricted and accounts frozen.
As Radio Svoboda reports, citing its own sources in the EU, a decision about extending the sanctions for another six months is expected to be adopted without much discussion by September 15. The parties in question include companies in the …
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Bloomberg: The chances of lifting sanctions on Russia decreased significantly after recent events in Crimea
The growing tension in the region only prevents Russia from the establishment of favorable relations and the easing of sanctions and, therefore, from further economic growth, Bloomberg notes.
The agency interviewed 21 economists about the prospects of lifting the sanctions. About 52% of the respondents believe that the EU would agree to lift the sanctions in the coming year. Before the recent events in the Crimea, the proportion of respondents sharing this view was much higher — 69 %. Only 10% …
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The US may tighten sanctions on Russia
If aggression against Ukraine escalates, sanctions against Russia will be tightened. American policy regarding the Crimea will not be reconsidered no matter who wins the presidential elections in the USA. Such statements were made in Kyiv by a delegation from the US Congress.
The US Congress is ready to increase the price that the Kremlin will have to pay if aggression against Ukraine continues. Such a message has been brought to Kyiv by the Delegation of American legislators. Although the …
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Serbian President says he will not impose sanctions against Russia
At a meeting with US Vice President Joe Biden in Belgrade, Serbian President Tomislav Nikolić said his country would not impose sanctions against Russia, according to the website of the presidential administration of Serbia.
“We cannot impose sanctions on Russia, if it implies compliance with foreign EU policy,” Nikolić said.
“We are connected with Russia and the US, where numerous Serbian community resides,” he added.
Nikolić also stated that although there is no “better option for the …
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Russian Duma proposes using seized food products to feed the poor
Anton Belyakov, a member of the Federation Council of Russia, has proposed that sanctioned food, which is set to be destroyed in Russia, be freely distributed to the needy. He introduced a corresponding bill to the State Duma.
Medusa reported that the bill proposes that sanctioned food, which still complies with sanitary and epidemiological requirements, “should be given out, free of charge, in aid of socially important needs”. This is due to the fact that the number of poor people in Russia …
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Russia hopes EU and US will lift sanctions by allowing them to participate in construction of Siberian transport network
The transport system project "United Eurasia", valued at $240 billion and developed in Russia, is expected to be implemented by 2035. The details of the project were reported by Kommersant with information taken from a letter to the Deputy Minister and the project’s own documentation.
The Security Council of the Russian Federation and a member of the Russian Academy of Sciences, Alexander Nekipelov, proposed the project to Deputy Prime Minister Arkady Dvorkovich. United Eurasia will develop a …
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Former Russian Economic Minister: If the West lifted sanctions, it wouldn't stop our systemic economic crisis
A systemic economic crisis is taking place in Russia and that is why lifting anti-Russian sanctions imposed by the West will not be enough to improve the economic status of the Russian Federation, Russia’s former Economic Minister Andrey Nechaev stated in an interview with UNIAN.
“I have said many times in the Russian media that we have a systemic economic crisis. As much as some Western and Ukrainian newsmakers would like to blame the sanctions, this isn’t the case. It is funny that some …
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Steinmeir: It is too early to lift sanctions on Russia
German Foreign Minister Frank-Walter Steinmeier said in an interview with Stuttgarter Nachrichten that it is too early to cancel the EU sanctions against Russia.
"Sanctions are not our final purpose. Our aim is not to maintain sanctions but to resolve the conflict in Ukraine," he stressed.
We consciously connect them with progress towards the implementation of the Minsk Agreements. If there is tangible progress, we will be able to think about easing the sanctions," the German Minister said.
" …
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Germany says lifting sanctions on Russia will not be possible anytime soon
Germany has no plans of lifting sanctions against Russia in the near future, as stated by the German Commissioner for Cooperation with Russia, Gernot Erler, reports Deutsche Welle.
The situation in eastern Ukraine is being taken into consideration in Germany. According to Erler, violations of the truce and ceasefire agreement are recorded almost every day during the last few weeks. All this led to numerous casualties on both sides, said Erler.
It is also reported that all 28 EU member …
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Lithuanian Foreign Minister: Sanctions against Russia should continue
Lithuanian Minister of Foreign Affairs Linas Linkevičius believes that the West should continue sanctions against Russia. He detailed his opinion in his Twitter account, recalling the anniversary of the Russian-Georgian war.
“Eight years ago, Russia's war in Georgia had to be a lesson to the world. Russia annexing Crimea showed it was not the case. Sanctions must continue,” Linkevičius posted.
The Russo-Georgian war of 2008 was an armed conflict between Georgia on one side, and Russia with …