EU prolongs Ukraine sanctions against Russia

brussels - The European Union has extended the sanctions imposed on nearly 190 people and organizations in the context of the Ukraine crisis by six months to 15 March 2018. The penalties consist mainly of travel bans and freezing of funds.

After the Crimean annexation in 2014, the EU imposed various sanctions against Russia. In addition to the penalties against 149 individuals and 38 organizations, sanctions were also announced against sectors of the Russian economy. These will run until 31 January 2018. A third package of restrictive measures concerns the Crimea and Sebastopol and continues until 23 June next year. The measures include import and export bans, restrictions on trade and investment and a ban on providing tourist services.