Ukrainian President Petro Poroshenko stresses the need for maintaining sanctions against Russia until Ukraine`s sovereignty and territorial integrity have fully been restored, according to the presidential administration`s press service.
”Sanctions-based pressure on Moscow demonstrates its effectiveness and must continue until the full restoration of sovereignty and territorial integrity of our state,” he said at a meeting with G7 and European Union ambassadors on Monday, the press service said.
He reaffirmed Ukraine`s commitments to political and diplomatic ways of the settlement of the Donbas crisis.
At the current stage, its efforts should be aimed at making the Russian side implement the security provisions of the Minsk agreement, he said.
As UNIAN reported, the EU`s Committee of Permanent Representatives (COREPER) early in September 2016 decided to extend for another six months until March 15, 2017, the sanctions imposed on 146 individuals and 37 companies in response to the violation of the territorial integrity and sovereignty of Ukraine.
The Council of the European Union is due to formally adopt the relevant legal acts. No date has been set yet, but the legal act should to be adopted before September 15, the Council added.
The U.S. Department of the Treasury also updated its list of Russian companies targeted by the sanctions early in September. It was followed by the Department of Commerce, which imposed bans on dozens of Russia-based entities. The Bureau of Industry and Security (BIS) in particular added 81 companies new to its Entity List that had been introduced in 2014 after Russia illegally annexed Ukraine`s Crimea.