The European Union has extended for one year the economic sanctions against the Crimea – RBC

Quote.rbc.ru 19.06.2015 15:29

Sanctions against the Crimea and Sevastopol extended for a year – until June 23, 2016. The decision to extend economic sanctions against the Crimea and Sevastopol was adopted by the EU Council of Economics and Finance of June 19, according to a press release on the website of the Council of the European Union.

Restrictions against regions that the European Union considers an occupied territory of Ukraine, include a ban on imports EU products made in the Crimea and Sevastopol. In addition, citizens of EU countries and companies based in the EU, are prohibited from making investments in the economy of the Crimea, including buying real estate and finance Crimean company.

The restrictions are extended in the tourism sector, which means a ban on visits by European cruise liners Crimean ports, except in emergency cases. The sanctions include a ban on exports to the Crimea goods and technologies used in the transport, telecommunications and energy sectors, or for oil, gas and other mineral resources.

The decision was made in the framework of the policy of non-recognition of illegal annexation of the Crimea and Sevastopol Russia , says the document.

The plans to extend sanctions against the Crimea for a year the EU warned in early June. Permanent Representative of Luxembourg to the EU Christian Brown said that a decision in principle on this issue has already been taken.

The EU began to impose sanctions against the Crimea in June 2014, when it banned imports from the region more than 250 SKUs. In July, it introduced a partial ban on investment in the Crimean economy, which in December became complete.

Crimea became part of Russia on the results of the referendum held in March 2014. On the peninsula was formed Crimean Federal District, and was given the status of Sevastopol city of federal significance.