Source: EU nods extension of Russian sanctions for 6 months
MOSCOW, Dec 18 (PRIME) -- The Committee of Permanent Representatives in the E.U. (Coreper) has approved a 6-month prolongation of anti-Russian sectorial sanctions, a source close to E.U. authorities told PRIME Friday.
“The decision was made by the Coreper,” the source said.
The formalization of the prolongation should be finished by 2.00 p.m. Moscow time on December 21, the source added.
In 2014, relations between Russia and the West deteriorated to their worse since the Cold War due to a military conflict in Ukraine. The West introduced sanctions against some Russian individuals and firms and further against the energy and banking sectors. In response, Russia limited food imports from some countries, including the U.S., the E.U., Canada, Australia, and Norway.
In mid-2015, the mutual sanctions were prolonged for one year.
End