|Author (Corporate)||Council of the European Union|
|Publisher||General Secretariat of the Council|
|Series Title||Press Release|
The Council of the European Union decided on 19 December 2019 to extend economic sanctions targeting specific sectors of the Russian economy until 31 July 2020.
This decision follwed an update earlier in the month on the state of implementation of the Minsk agreements, to which the decision on maintaining sanctions is linked.
The measures target the financial, energy and defence sectors, and the area of dual-use goods. They were originally introduced in July 2014 in response to Russia's actions destabilising the situation in Ukraine and strengthened in September 2014. The economic sanctions prolonged by this decision include:
The duration of the economic sanctions was linked to the complete implementation of the Minsk Agreements, which was foreseen to take place by the end of 2015. Since this did not happen, the sanctions remained in place.
|Subject Categories||Politics and International Relations|
|Subject Tags||Foreign Policy Instruments|
|Keywords||Sanctions | Restrictive Measures
|Countries / Regions||Russia|
|International Organisations||European Union [EU]|