European Union leaders on Thursday agreed to renew existing economic sanctions imposed on Russia in response to its annexation of Ukraine's Crimea peninsula. The heads of government for the 27 member states also urged Moscow to halt its military buildup near the border with Ukraine and to return to talks led by France and Germany.
Leaders meeting in Brussels agreed to renew for six months an existing raft of economic measures aimed at putting pressure on Moscow. The 2014 sanctions target Russia's energy, banking, and defense sectors. The EU already added the Wagner Group, a Russian mercenary firm, to its existing sanctions list at a meeting of foreign ministers on Monday. In a joint statement signed off on at the summit, leaders insisted on "the urgent need for Russia to deescalate tensions caused by the military buildup along its border with Ukraine and aggressive rhetoric." The leaders repeated a message coordinated with the United States, the United Kingdom and the Group of Seven industrial nations in recent weeks. This states that "any further military aggression against Ukraine will have massive consequences and severe cost in response, including restrictive measures coordinated with partners.''
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Leaders meeting in Brussels agreed to renew for six months an existing raft of economic measures aimed at putting pressure on Moscow. The 2014 sanctions target Russia's energy, banking, and defense sectors. The EU already added the Wagner Group, a Russian mercenary firm, to its existing sanctions list at a meeting of foreign ministers on Monday. In a joint statement signed off on at the summit, leaders insisted on "the urgent need for Russia to deescalate tensions caused by the military buildup along its border with Ukraine and aggressive rhetoric." The leaders repeated a message coordinated with the United States, the United Kingdom and the Group of Seven industrial nations in recent weeks. This states that "any further military aggression against Ukraine will have massive consequences and severe cost in response, including restrictive measures coordinated with partners.''
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
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#EuropeanUnion #Ukraine #Russia
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