EU’s black list expanded to 95 individuals and 23 entities

The Council of the European Union has adopted additional restrictive measures in view of the situation in eastern Ukraine and the illegal annexation of Crimea, officially expanding the sanctions list to 95 individuals and 23 entities.
A respective statement was released by the press service of the European Council on Wednesday.
“Eight persons and three entities have been added to the list of those subject to an asset freeze and a visa ban, inter alia for providing support to or benefiting from Russian decisions makers responsible for the destabilization of eastern Ukraine and the illegal annexation of Crimea. This brings the number of persons and entities under EU restrictions to 95 persons and 23 entities,” reads the statement.
The Council also adopted further trade and investment restrictions for Crimea and Sevastopol, as part of the EU’s policy of not recognizing the illegal annexation. These include a ban on new investment in the following sectors in Crimea and Sevastopol: infrastructure projects in the transport, telecommunications and energy sectors and the exploitation of oil, gas and minerals.
According to the statement, this decision gives legal value to some of the agreements reached at the Council’s Committee of Permanent Representatives in the last two days. The decisions were adopted by written procedure and will enter into force upon their publication in the EU Official Journal, due to take place later on Wednesday.
In addition, according to the report, the Council is due to adopt economic sanctions in view of Russia’s role in destabilizing eastern Ukraine through a separate written procedure closing on Thursday, July 31.

30.07.2014 17:46

Avatar photo

News and Summaries

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!