Section: Sanctions
U.S. extended sanctions against Russian companies enter into force
Embassy of Ukraine in the USA has reported that the decision on the introduction of the U.S. additional sanctions against Russian companies entered into force. ”The United States continues to build up pressure on Russia with new sanctions for its violation of international law and fueling the conflict in eastern Ukraine. 15 Russian arms sector...
How ExxonMobil helped defeat Russia sanctions bill
ExxonMobil successfully lobbied against a bill that would have made it harder for the next president to lift sanctions against Russia, clearing the way for the oil giant to restart a program worth billions of dollars if Donald Trump eases those restrictions as president, according to POLITICO. The company`s effort could be helped by outgoing CEO...
U.S. adds 7 individuals to sanctions list, 8 entities over Crimea occupation
The U.S. Department of the Treasury`s Office of Foreign Assets Control (OFAC) on December 20, 2016, designated seven individuals and eight entities under two Executive orders (E.O.s) related to Russia and Ukraine, and identified two vessels as blocked property. ”Today`s action is part of Treasury`s continued effort to counter attempts to...
Russia`s Foreign Ministry blames EU for weakness and sanctions against Russia
The Russian Foreign Ministry claims that the European Union has again demonstrated its weakness by deciding to extend anti-Russian sanctions contrary to the interests of its member states, according to Russian news agency TASS. ”The European Union has again shown its weakness and inability to recognize the obvious: it is absurd to link the...
Italy blocked EU from widening, lengthening sanctions on Russia
Italy blocked attempts to extend European Union sanctions on Russia by a year as well as broaden the sanctions to cover alleged crimes by Russia in Syria, EU members said, according to Radio Liberty. ”We had a discussion that luckily ended without considering the option – which would have been wrong, I think – to react to the situation in Syria...
EU agrees to extend anti-Russian sanctions for 6 months
The leaders of the European Union during a summit December 15 agreed to extend economic sanctions against the Russian Federation for another six months, Reuters tweeted. ”BREAKING: EU leaders agree on extension of economic sanctions against Russia over Ukraine for six months: diplomats,” Reuters wrote on Twitter. As reported earlier, the...
EU to extend Russian sanctions, ready for deal-oriented relations with U.S. – Mogherini
High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini says the EU is prepared for a ”more deal-oriented relationship” with the United States after U.S. President-elect Donald Trump takes office, but EU sanctions against Russia will be linked to peace implementation in eastern Ukraine, according to...
Trump`s advisor Carter Page on Moscow visit says fate of Russia sanctions unclear
Advisor to Donald Trump campaign Carter Page during his visit to Moscow said it was too early to talk about the fate of the anti-Russian sanctions, RIA Novosti reports. Answering a reporter`s question on the fate of the Western sanctions against the Russian Federation, Mr Page has told a press conference he believes it is too early to talk about...
Sanctions against Russia over Ukraine must be extended – Merkel
German Chancellor Angela Merkel said on Tuesday sanctions against Russia over the crisis in eastern Ukraine would have to be extended because of a lack of progress in implementing the Minsk ceasefire agreement, according to Reuters. ”It will be necessary to extend the sanctions against Russia again – although we would have wished for better...
Sanctions on Russia Need More Teeth
It has been more than two years since the European Union and the United States imposed economic sanctions on Russia for its aggression in Ukraine. How effective have the sanctions been?According to US Assistant Secretary of State Victoria Nuland in 2016, sanctions were meant to “press Moscow to bring an end to the violence in Ukraine and fully...