EU prolongs economic sanctions on Russia
BY Agencies28 Jun 2017 11:12 PM IST
Agencies28 Jun 2017 11:12 PM IST
The European Union on Wednesday prolonged the economic sanctions on Russia for another six months for its role in the ongoing unrest in eastern Ukraine.
The EU said Russia failed to uphold its end of the Minsk peace treaty aimed at de-escalating the conflict in the region, Efe news reported.
Embargoes on Russia's financial, energy and defence sectors were initially put in place by the EU in July 2014. They were further strengthened in September 2014 in response to Moscow's actions destabilising Ukraine's east.
The move to prolong the sanctions came following an update on the peace agreement provided by German Chancellor Angela
Merkel and French President Emmanuel Macron, whose countries coordinate with Russia and Ukraine in the implementation of that ceasefire.
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