Cyprus Mail

EU keeps up pressure on Russia by extending economic sanctions

Russian President Putin adjusts his earphones during a session of the SPIEF 2015 in St. Petersburg

By Adrian Croft

European Union foreign ministers extended economic sanctions on Russia until Jan. 31 on Monday, keeping up pressure on Moscow to help resolve the Ukraine conflict.

Russia described the move as a triumph for the “Russophobe” lobby in the EU and signalled it would respond by extending a ban on Western food imports, imposed in response to US and European sanctions, for a further six months.

EU ministers meeting in Luxembourg approved a six-month extension of sanctions that were “introduced in response to Russia’s destabilising role in eastern Ukraine,” an EU statement said. That ratified a decision taken by officials last week.

The sanctions on Russia’s energy, defence and financial sectors, originally imposed in July 2014 for one year, were the EU’s toughest response to Moscow’s annexation of Ukraine’s Crimea region and what the EU says is Russia’s support for separatists in eastern Ukraine.

Interfax news agency reported that Russia’s government would ask President Vladimir Putin to extend Russian restrictions for six months in response to the EU’s move.

Russia imposed a ban on Western food imports last year after the West imposed visa bans and asset freezes over Moscow’s role in the Ukraine crisis.

The Russian Foreign Ministry said it was deeply disappointed that the view of the “Russophobe lobby” in the EU had prevailed, alluding to divisions within the EU over sanctions.

“At the same time, Brussels is deliberately silent that it (the decision) will definitely result in hundreds of thousands or, by some estimates, even a couple of million Europeans losing their jobs,” it said.

“It looks especially cynical that the decision  was taken on June 22, the day when Nazi Germany invaded the Soviet Union (in World War Two),” it added.

NATO Secretary-General Jens Stoltenberg welcomed the EU’s decision to extend sanctions.

“The sanctions are a strong signal and a clear message that it has consequences when a country behaves in the way Russia has done in Ukraine,” he told a news conference in Brussels.

EU leaders agreed in March that economic sanctions on Russia would stay until a Minsk ceasefire deal in Ukraine is fully implemented.

The Minsk agreement sets a year-end deadline for Ukraine to regain full control over its border, a goal the EU is pushing strongly. Fighting has broken out again in eastern Ukraine despite the agreement.

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