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Illegal annexation of Crimea and Sevastopol: EU extends economic sanctions by six months

July 6, 2018

On 5 July, the European Council prolonged economic sanctions targeting specific sectors of the Russian economy in response to the illegal annexation of Crimea and Sevastopol by Russia in 2014. The sanctions have been extended until 31 January 2019.

This decision follows an update from President of France Emmanuel Macron and German Chancellor Angela Merkel to the European Council of 28-29 June on the state of implementation of the Minsk agreements, to which the sanctions are linked.

The measures target the financial, energy and defence sectors, and the area of dual-use goods. They were originally introduced on 31 July 2014 for one year in response to Russia's actions destabilising the situation in Ukraine and strengthened in September 2014.

The duration of the sanctions was linked to the complete implementation of the Minsk agreements by the European Council on 19 March 2015, which was foreseen to take place by 31 December 2015. Since this did not happen, the sanctions have remained in place.

Find out more

Press release

Overview of EU restrictive measures in response to the crisis in Ukraine

 


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