EU extends economic sanctions against Russia

EU extends economic sanctions against Russia

The European Union's leaders have decided to extend the anti-Russian economic sanctions expiring on July 31 for six more months, an EU spokesman said.

According to the spokesman, the decision was taken unanimously over poor implementation of the Minsk Agreements on settlement in Ukraine.

A source on the sidelines of the EU summit said the decision followed German Chancellor Angela Merkel’s and French President Emmanuel Macron’s report on the implementation of the Minsk Agreements and talks in the Normandy Four format, TASS reported.

It was decided to prolong the restrictive measures due to the lack of visible progress in terms of the implementation of the Minsk Accords, the source said, adding that the decision will be formally committed to paper next week to take effect after being published in the EU Official Journal.

Earlier in the day, the European Union extended for one more year another package of ant-Russian sanctions imposed after Crimea’s reunification with Russia.

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