EU to extend sanctions against Russia for another six months

The current sanctions will expire on January 31, 2020.

The European Union has decided to extend existing economic sanctions against Russia for another six months.

According to the President of the European Council Charles Michel, the sanctions will be extended until July 2020.

The decision was made by the leaders of the member states of the European Council at a meeting in Brussels on December 12.

“We heard the report of France and Germany after the summit in the Normandy format,” Michel said. – It was an opportunity to exchange views on the situation in the region and decide to extend sanctions for six months.”

Previously with a call to extend the sanctions made by the President of Ukraine Volodymyr Zelensky. He said that the EU needs to continue to pressure Russia “until the full implementation of the Minsk agreements.”

The current sanctions expire on January 31, 2020.

Economic sanctions against Russia were initially imposed on August 31, 2014, for one year. Since then, they have been regularly renewed and expanded. The restrictions affect the financial, energy and defense sectors.