Contents tagged with Sanctions

  • Media: German economy is at risk due to new US sanctions against Russia

    Business owners in Germany are concerned about the possible consequences of the new US sanctions against Russia. If German companies lost their chance to participate in Russian gas pipelines expansion projects, the entire German economy could be at risk, says Volker Treier, the head of the Department for Foreign Economic Affairs of the Federal Association of Chambers of Commerce and Industry of Germany, as quoted by DW.

    According to Treier, Germany expects to increase the country’s exports to …

  • Ukraine threatens German band Scooter with criminal punishment over their visit to Crimea

    Musicians from the German band, Scooter, face eight years in prison in Ukraine for visiting the Crimea, as reported on Friday by Hromadske, citing the Prosecutor's Office of the Crimea, located in Kyiv.

    According to the radio station, the Prosecutor's Office initiated a criminal case under the Article of the Criminal Code of Ukraine "Violation of the order of entry and exit into the temporarily occupied territory of Ukraine," which provides for imprisonment for up to eight years. Information …

  • EU imposes sanctions against the Deputy Minister of Energy of Russia and Russian partners of Siemens over supply of turbines to Crimea

    Russian Deputy Energy Minister Andrei Cherezov has been subject to EU sanctions in connection with the situation of the supply of Siemens turbines to the annexed Crimea, according to Council of the European Union materials published on August 4.

    Also included in the list are the head of Technopromexport, Sergei Topor-Gilka, and a department head at the Ministry of Energy, Evgeny Grabchak.

    Russian partners of Siemens, Technopromexport, Interavtomatika, and participants in the construction of …

  • Ukraine threatens Belarus with sanctions over export of goods to separatist-held territories of Donbas

    According to Ukrainian Ambassador to Belarus Igor Kizim, Belarusian companies supplying products to the DPR (Donetsk People’s Republic) and LPR (Luhansk People’s Republic) will be sanctioned.

    Belorusskie Novosti newspaper’s correspondent asked Kizim about the position of Ukrainian authorities regarding the deliveries of Belarusian products to the uncontrolled territories, while noting that Belarusian producers "sometimes do not hide that they directly work with Donetsk and Luhansk or supply …

  • Lithuania to investigate local companies doing business in Crimea

    The Lithuanian Ministry of Foreign Affairs released a statement appealing to the Prosecutor General's Office in case of media reports about possible violations by some Lithuanian enterprises of the sanctions against Russia.

    "Lithuania consistently fulfills its obligations in accordance with EU Council Regulation No. 692/2014 from June 23, 2014 in implementing the restrictions that should be applied to the importation of goods of Crimean or Sevastopol origin into the European Union in response …

  • Kremlin: Russia will continue supplying rocket engines to the USA

    Russia still intends to continue supplying rocket engines to the United States, as stated by Deputy Prime Minister Dmitry Rogozin in an interview on Russia-24 television channel.

    "Not only rocket engines. Their [the USA] narrative is very selective. They are trying not to disturb what they are interested in. They say: ‘Space is out of politics.’ We regard it as ‘Space is out of politics, but the morning sun never lasts a day,’ he said, answering a relevant question.

    The USA continues to …

  • Russian Deputy Prime Minister Rogozin threatened sanctions against those who prevented him from visiting Moldova

    Russia is preparing sanctions against those involved in denying Russian Deputy Prime Minister Dmitry Rogozin entry into Romanian airspace. The incident prevented him from making a planned visit to Moldova, said Rogozin during an interview on channel Russia 24, reports TASS.

    "There will be an answer, of course. We will definitely establish who was behind these decisions in Chisinau, Bucharest, Budapest and Brussels. We will identify the persons who made these decisions. Our sanctions will be …

  • Russia wants to impose sanctions against McDonald's

    In response to the US sanctions, the Russian State Duma proposed the introduction of sanitary sanctions against the McDonald's fast food chain. This proposal was put forward by State Duma Deputy, Alexei Pushkov.

    A Member of the Committee on Health Protection, Nikolai Gerasimenko, believes that inspections of the fast food chain’s restaurants should be more frequent, and in order to allow for this, the powers of Rospotrebnadzor (Russian Federal Service for Surveillance on Consumer Rights …

  • 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. …

  • 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 …