Charles Michel, President of the European Council has confirmed the extension of EU sanction against the Russian Federation until June 30, 2021 in an announcement made to reporters at the end of the EU summit on December 13.
The President of the European Council announced the extension of economic sanctions against Russia at the press conference after the first day of the EU summit in Brussels, naming Russia’s implementation of the Minsk agreement to be the deciding factor.
“The implementation of the Minsk agreements remains one of the most important points, that the EU will continue to closely monitor”, said Michel
The EU Sanctions extension was confirmed after discussing a report by France and Germany following the meeting in Paris in the “Norman format”.
The EU economic sanctions against Russia were introduced in 2014 after the reunification of Crimea with Russia and the US announcement of their economic sanctions against Russia. In response, the Russian Federation introduced an import ban on certain food products.
According to some experts, the impact of sanctions introduced on the Russian economy was not as strong as expected.
Source: Rossa Primavera News Agency