The European Union has extended economic sanctions against Russia until July 31, 2022

“Today the Council & nbsp; EU decided to extend the restrictive measures that are currently in effect in & nbsp; certain sectors of the Russian economy , for & nbsp; six months, until & nbsp; 31 & nbsp; July 2022 & raquo;, & nbsp; & mdash; the & nbsp; statement reads.

The heads of the & nbsp; EU countries at the & nbsp; summit in & nbsp; Brussels in & nbsp; the end of 2021 also called on Moscow to “ begin to & nbsp; implement the Minsk agreements. ''

The sanctions are directed against financial, energy and & nbsp; defense sectors of the Russian economy. In & nbsp; in particular, some banks and & nbsp; companies have limited access to the & nbsp; primary and & nbsp; secondary capital markets & nbsp; EU. There is also a ban on the & nbsp; import and & nbsp; export of weapons, dual-use goods. In addition, the European Union has limited access to & nbsp; technologies and & nbsp; services for & nbsp; production and & nbsp; oil exploration.

Initially, & nbsp; The EU imposed economic restrictions on July 31 & nbsp; for a period of & nbsp; one year. In & nbsp; March 2015, the validity period was linked to & nbsp; “ full implementation of the Minsk agreements. '' From this moment, the restrictions are extended every six months, before & nbsp; EU countries assess the implementation of the agreements. Moscow retaliated and & nbsp; headed for import substitution.

Russia has repeatedly stressed that & nbsp; is not & nbsp; is a party to the conflict in & nbsp; Ukraine and & nbsp; is a subject of the Minsk agreements on & nbsp; its settlement.

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