It is noted that the restrictions will remain in place for at least another six months.
The ambassadors of the European Union approved the extension of all economic sanctions regarding the Russian Federation because of the war in Ukraine. The restrictions will remain in effect for at least another six months.
“The EU ambassadors officially gave the green light to the extension of all economic sanctions of the European Union against Russia for another six months”, – told the Brussels correspondent of “Radio Liberty” Rikard Jozwiak on Twitter.
It is noted that the decision also applies to sanctions that were introduced back in 2014.
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Sanctions against Russia – what is known
The countries of the European Union already introduced nine packages of sanctions against the Russian Federation and do not plan to stop while Moscow tries to take over Ukraine.
At the beginning of December 2022, the Council of the EU decided to set a ceiling price for oil from Russia at the level of 60 US dollars per barrel. The decision was necessary to limit Moscow’s income and make it more difficult to finance the war against Ukraine.
According to Reuters, Poland and Lithuania are trying to achieve sanctions against the nuclear sector Russian Federation Diplomats are finding it increasingly difficult to achieve the necessary unanimity to introduce additional restrictions.