EU expands Crimea-related sanctions list

EU expands Crimea-related sanctions list

The European Union extended the sanction list related to reunification of Crimea with Russia and construction of the bridge across the Kerch Strait. Six more Russian companies are hit by sanctions, according to the Official Journal of the EU.

Sanctions are introduced against Institute Giprostroimost, Mostotrest, VAD, Stroigazmontazh, Stroigazmontazh-Most and Zaliv Shipyard, TASS reported.

Restrictive measures come into force from July 31. They comprise assets freeze in the territory of the European Union. Furthermore, EU-registered individuals and entities cannot provide money to companies exposed to sanctions.