EU extends economic sanctions on Russia until July 2026
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Güneşli
13 oC
Güneşli
The European Union has extended its economic sanctions against Russia for an additional six months, pushing the measures through to July 31, 2026, the EU Council announced on Monday, December 22.
According to a statement published on the Council of the EU’s official website, the renewed sanctions cover a broad range of sectors, including trade, finance, energy, technology, dual-use goods, industry, transport, and luxury products. The measures are part of the bloc’s ongoing response to Russia’s actions, which the EU says continue to violate fundamental principles of international law.
The sanctions package maintains a ban on the import and maritime transport of Russian crude oil and certain petroleum products to EU member states. It also continues the disconnection of several Russian banks from the SWIFT international payment system and upholds restrictions on the operations and broadcasting licenses of multiple Kremlin-backed media outlets accused of spreading disinformation within the EU.
In addition to existing restrictions, the Council said the extended measures include steps aimed at strengthening oversight, improving transparency, and tightening enforcement to prevent sanctions evasion.
In a statement accompanying the decision, the EU Council emphasized that the sanctions will remain in force as long as Russia’s actions persist. “As long as the illegal actions of the Russian Federation continue to violate the fundamental norms of international law, it is appropriate to keep all EU measures in force and take additional measures if necessary,” the statement said.
Officials in Brussels stressed that the European Union has no plans to ease pressure on Moscow. They added that the bloc remains prepared to introduce further sanctions or adjust existing measures in response to developments on the ground.
The extension underscores the EU’s continued commitment to maintaining economic and political pressure on Russia while reinforcing its sanctions regime to ensure effective implementation across member states. (ILKHA)
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