EU Sanctions Against Russian Aggression Extended Until Early 2023

by Olha Povaliaieva
Tuesday, July 26, 2022
EU Sanctions Against Russian Aggression Extended Until Early 2023

The full package of economic and anti-war sanctions is extended for another 6 months against the background of Russia’s masochistic desire to demonstrate to the world its inability to civilized dialogue

On July 26, a message was published on the website of the Council of the European Union on the extension of sanctions against warring Russia until January 31, 2023.

"These sanctions, first introduced in 2014 in response to Russia's actions destabilizing the situation in Ukraine, were significantly expanded since February 2022, in light of Russia's unprovoked and unjustified military aggression against Ukraine. They currently consist of a broad spectrum of sectoral measures, including restrictions on finance, energy, technology and dual-use goods, industry, transport and luxury goods," Council of the European Union.

On July 21, the 7th package of sanctions came into force. And the points of each package will be extended for another half a year due to Russia's unwillingness to stop the killings. Until 2023, Russia will have to exist in conditions of limited economic relations with the illegally annexed Crimea and the city of Sevastopol, as well as with uncontrolled by the government of Ukraine's territories of Donetsk and Luhansk regions. Diplomatic measures continue to apply individual sanctions in the form of asset freezes and travel restrictions against various individuals and entities.

“The European Union is unwavering in its commitment to help Ukraine exercise its inherent right of self-defence against the Russian aggression and build a peaceful, democratic and prosperous future. It also remains committed to continue bolstering Ukraine’s ability to defend its territorial integrity and sovereignty," the EU Council. 

The European Union repeated its demand to stop the war against Ukraine and to withdraw troops and military equipment within internationally recognised borders.

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