The EU Council has extended the validity of economic sanctions of the European Union, related to the financial, energy and defence sectors of Russia by January 31, 2020.

“On June 27, 2019, the EU Council extended economic sanctions aimed at specific sectors of the Russian economy by January 31, 2020,” the statement said.

Thus, the decisions of the leaders of the states and the governments of the EU member states, approved at the EU summit on June 20, today were officially approved.

The relevant decision was made after hearing the updated information from German Chancellor Angela Merkel and President of France Emmanuel Macron on the implementation of the Minsk Agreements, the implementation of which involves the preservation of sanctions.

“Upon receipt of the updated information provided, the European Council called for the urgent resumption of negotiations in order to implement the Minsk Agreements and to take measures aimed at strengthening confidence between the parties. In this context, EU leaders have unanimously agreed to keep economic sanctions against Russia. The EU Council formalized this decision today on the basis of a written procedure,” the report says.

These measures concern the financial, energy and defence sectors of the Russian Federation, as well as the use of dual-use goods.

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