EU prolongs sanctions in response to violation of Ukraine’s territorial integrity

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The FINANCIAL — On 14 September, the European Council prolonged the restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for a further six months, until 15 March 2018.

“The measures consist of asset freezes and travel bans,” the EU said in a statement. “An assessment of the situation did not justify a change in the sanctions.”

The Council reviewed the sanction list and removed four deceased persons from the list of those subject to these restrictive measures. Following a merger involving three listed entities, the separate entities were removed from the list and the entity created when they merged was added in order to maintain the existing level of sanctions. The restrictive measures now apply to 149 people and 38 entities,  according to EU Neighbours East Info.

The relevant information and statement of reasons for listing these people and entities were updated as necessary.

The EU measures in place in response to the Ukraine crisis include: economic sanctions targeting specific sectors of the Russian economy and restrictive measures in response to the illegal annexation of Crimea and Sevastopol (limited to the territory of Crimea and Sevastopol).

The measures were first introduced in March 2014 and last extended in March 2017. All legal acts are available in the EU Official Journal.

 

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