Sanctions against Russia over Ukraine – Commons Library Standard Note

• A significant and expanding sanctions regime against Russia has been in place since March 2014

• The downing of the Malaysian Airlines flight MH17 in July 2014 increased tensions

• The EU announced broad economic sanctions against Russia on 29 July 2014 including restrictions on some Russian banks’ ability to borrow money in EU financial markets, and an arms embargo

• A ban on the export of technology to do with the extraction of oil from deep sea, Arctic and shale deposits was also announced

• The US increased the range of its sanctions on the same day

• Primary Source

ESO: Background information: EU to impose economic sanctions on Russia / EU restrictive measures in view of the situation in Eastern Ukraine and the illegal annexation of Crimea http://www.europeansources.info/record/eu-to-impose-economic-sanctions-on-russia-eu-restrictive-measures-in-view-of-the-situation-in-eastern-ukraine-and-the-illegal-annexation-of-crimea/

Open Europe: Flash Analysis, 01.08.14: What will the impact of stage three sanctions be and how might Russia retaliate? http://www.openeurope.org.uk/Article/Page/en/LIVE?id=20441&page=FlashAnalysis

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