EU extends sanctions against Russia

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The European Council announced that restrictive measures implemented by the EU due to Russia’s illegal annexation of Crimea and Sevastopol have been extended until 23 June 2022.

According to the decision, the activities of EU citizens and businesses in the regions of Crimea and Sevastopol are limited by the extension of sanctions.

Import of products from Crimea and Sevastopol to EU countries is not allowed.

EU citizens or companies cannot invest and provide financial services in Crimea and Sevastopol.

Certain products and technologies intended for the transport, telecommunications and energy sectors cannot be exported to these regions.

In particular, the provision of technology and technical support for the exploration, extraction and production of petroleum, natural gas and minerals is prevented.

Russia illegally annexed the Autonomous Republic of Crimea and the city of Sevastopol in March 2014. After the annexation of Crimea by Russia and the events in eastern Ukraine, the EU, the United States and some countries have started to impose sanctions on Russia.

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