Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Brussels, December 22 (Xinhua) — The Council of the European Union on Monday extended its previously imposed sweeping economic sanctions against Russia for another six months, until July 31, 2026.
Sectoral sanctions, first introduced in 2014, were significantly expanded after February 2022. According to the EU Council, the restrictions include broad restrictions in areas such as trade, finance, energy, technology, dual-use goods, industry, transport, and luxury goods.
The restrictive measures also include a ban on the import or transit of seaborne oil and certain petroleum products from Russia to the European Union, the exclusion of several Russian banks from the SWIFT system, and the suspension of broadcasting and licenses for several Russia-backed media outlets accused of spreading disinformation. Furthermore, the EU has taken targeted measures to prevent sanctions evasion.
The EU said these measures would remain in place for as long as Russia's actions continued, with further steps to be taken if necessary.
The EU statement also reaffirmed its commitment to continuing support for Ukraine. Last week, the European Council approved a €90 billion (approximately $105.4 billion) loan to meet Ukraine's military and economic needs over the next two years.
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