Showing posts with label EU Confirms. Show all posts
Showing posts with label EU Confirms. Show all posts

Tuesday, July 29, 2014

EU Confirms New Economic Sanctions Against Moscow





 The European Union agreed on Tuesday a new set of economic sanctions against Russia over the Ukrainian crisis, a joint communique by EU leaders said. “Today the European Union has agreed a package of significant additional restrictive measures targeting sectoral cooperation and exchanges with the Russian Federation,” a statement by the President of the European Council Herman Van Rompuy and the President of the European Commission Jose Manuel Barroso said.

“These decisions will limit access to EU capital markets for Russian State-owned financial institutions, impose an embargo on trade in arms, establish an export ban for dual use goods for military end users, and curtail Russian access to sensitive technologies particularly in the field of the oil sector,” the document said.

ST

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