One year extension of European Union sanctions against Russia

reported Mehr News Agency, citing Al Jazeera, the European Union announced that it has extended the sanctions against Russia for one year.

The European Union issued a statement and added that it has extended the sanctions against Russia in connection with the illegal annexation of the Crimean Peninsula and the city of Sevastopol, Ukraine, for one year.

So far, Russian officials have not reacted to the extension of EU sanctions.

After the start of Russia’s special military operations in Ukraine, Western countries imposed extensive sanctions against Moscow, affecting businessmen, companies and economic sectors.

Moscow has always emphasized the failure of the sanctions policy and declared that these actions harm the entire world economy and that Russia will defend its rights and the rights of its companies and citizens.