EU extends economic sanctions against Russia for another 6 months

EU extends economic sanctions against Russia for another 6 monthsThe European Council said in a statement that it had decided to extend the sanctions until 31 July 2023.BRUSSELS (AA) – The European Union (EU) has decided to extend economic sanctions against Russia for another 6 months due to the war, a statement says, recalling that economic sanctions against Russia were first adopted on the basis that it destabilized Ukraine in In 2014, it was noted that the sanctions were significantly expanded in connection with the war between Russia and Ukraine that began in February last year. The statement stressed that it continues in a wide range, including dual-use and luxury goods, crude oil imports and some oil products from Russia are banned in the EU, some Russian banks are excluded from the SWIFT international payment system, and the activities of many broadcasters reminded that the EU was suspended. Turkey’s economic sanctions are extended every 6 months. Russia illegally annexed the Autonomous Republic of Crimea and the city of Sevastopol on March 18, 2014. The EU first decided to impose economic sanctions on Russia in 2014.