Media: the decision to extend the EU sanctions against the Russian Federation can make in December

Media: the decision to extend the EU sanctions against the Russian Federation can make in December


MOSCOW, 9 Nov. The EU in December can extend economic sanctions against Russia by six months, reports Handelsblatt, citing high-ranking sources in the EU and the German government.

According to the newspaper, the decision can be made at the next formal EU summit scheduled for 17-18 December.

Relations between Russia and the West deteriorated in connection with the situation in Ukraine. At the end of July 2014, the EU and the USA from the point of sanctions against certain individuals and companies have moved to measures against entire sectors of the Russian economy, in particular, the defence industry and high technologies.

The foreign Ministers of the EU countries on 22 June had extended economic sanctions against Russia until 31 January 2016, approving the relevant amendments to the EU sectoral restrictive measures against Russia. The decision came into force on 23 June.