EU extends Russia sanctions until February 2016

Russian soldiers in the Crimea (AFP/Scanpix)
6/18/2015 10:21 AM
Category: International

Representatives of EU government agreed to extend economic sanctions against Russia for a further six months until the end of January, 2016.

The sanctioned, aimed at Russia's energy, defense and finance sectors, were put into effect in July 2014 for one year, Reuters reported.

The union's foreign ministers are expected to rubber stamp the new deadline on Monday.

Matti Maasikas, the Estonian representative in Brussels, said member states were united in extending the sanctions, which will be reviewed next January. He said no member state had doubt or opposition to the sanctions.

The sanctions were established after Russia's annexation of Crimea.

Russian Finance Minister Anton Siluanov said Russia has already taken the sanctions into consideration in their economic panning process.

J.M. Laats

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