Search for:
Europe

EU extends economic sanctions against Russia by six months

By 1 Min Read

The European Council has unanimously agreed to extend economic sanctions targeting the Russian economy by 6 months, until 31 January 2018. The extension is a result of the failure to fully implement the Minsk Agreements. The sanctions, originally introduced in July 2014 in response to Russia’s actions in Ukraine, focus on the financial, energy and defence sectors, as well as dual-use goods.

The Decision was published in the Official Journal on Thursday, 29 June 2017.

 

Categories:
Author

Ross Denton is a partner in Baker McKenzie’s European Community, Competition & Trade Department in London and member of the Baker McKenzie Japanese Practice Group. He also served as coordinator of the Firm’s International Trade & WTO Practice Group. Ross routinely advises US and Japanese multinationals on EU and UK competition matters and international trade law issues. In addition to his practice, Ross contributes to a number of publications, including Laws of the European Communities and Encyclopedia of Information Technology. He is a member of the UK Customs Practitioners Group and the World Trade Lawyers Association.

Related Posts