Contents tagged with Sanctions on Russia

  • EU puts governor of Sevastopol on sanctions list

    The European Union added the "Governor" of Sevastopol, Dmitry Ovsyannikov to the sanctions list established by Resolution 269/2014 regarding "actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine." This was reported in the journal of the European Union.

    "Ovsyannikov was elected the Governor of Sevastopol after elections held on September 10, 2017, organized by Russia in illegally-annexed Sevastopol,” the journal explained as the reason for …

  • PACE preparing a discussion on the possibility of restoring Russia’s membership in the organization

    The Standing Committee of the Parliament Assembly of the Council of Europe (PACE) has received a request to hold an extraordinary meeting to consider lifting sanctions on the Russian Federation and to reinstate its delegation on the assembly’s panel.

    The debate over lifting the sanctions was set on the agenda of the PACE’s Standing Committee meeting to take place on November 24th in Copenhagen.

    There is no direct mention of Russia on the agenda. The agenda item is listed as Defending the …

  • Russian Gazprom acknowledges that all its export pipelines could fall under US sanctions

    Gazprom recognizes that new US sanctions adopted in August of this year create risks for all export pipelines, including both existing projects and those under construction. However, an accurate assessment of their costs will require commentary the US Treasury.

    The Gazprom quarterly report published on Tuesday says that "The law of August 2, 2017 creates risk for the extraterritorial application of certain US sanctions, and may adversely affect the participation of foreigners in certain new …

  • Serbian Foreign Minister: Serbia will never support sanctions against Russia

    Serbian Foreign Minister Ivica Dacic said in an interview with the Russian newspaper Izvestia that his country will not support anti-Russian sanctions.

    Answering a question about whether there is a possibility that under certain circumstances Serbia might be swayed by the West to go against Russia, Dacic said that “Serbia will remain consistent with its policy and will not join European sanctions against Russia.” The foreign minister also stressed that Serbia hoped and wished for the “soonest …

  • Ukraine introduced sanctions against 18 Russian companies

    The Ministry of Economic Development and Trade of Ukraine, at the request of the Security Service of Ukraine(SBU), imposed sanctions against 18 Russian companies. The corresponding orders No.1582 and 1583 were adopted by the Ministry on October 30th, 24 TV reports.

    Sanctions have been imposed on companies "for carrying out activities that could harm the interests of national economic security."

    18 Russian companies have fallen under the sanctions: Loli-Pak Exports, the Snack Group, Belgorod …

  • Washington: USA will continue to exert pressure on Russia with sanctions

    The U.S. State Department explained the updated sanctions issued by the Ministry of Finance on October 31, saying that it will work with its allies on the issue of pressuring Russia with sanctions, RIA Novosti reported.

    “We will work with our allies and partners in the implementation of these sanctions in order to impose costs on the Russian government, while seeking to avoid unforeseen negative impacts on others,” the State Department said.

    On October 31, the U.S. Treasury Department banned …

  • US representative for Ukraine Volker: DPR and LPR do not belong in the Donbas negotiation process

    The US Department of State’s Special Representative for Ukraine, Kurt Volker, believes that representatives from the so-called Donetsk and Luhansk People's Republics have no place in the negotiation process to resolve the situation in the Donbas. He expressed his opinion in an interview with Hromadske, while answering a question regarding the role of LDPR in the Minsk negotiations.

    "I believe that this issue was decided; that the Minsk agreements are between Russia, Ukraine and the OSCE. The …

  • Russian court rejects Siemens appeal to have its turbines removed from Crimea

    The Ninth Arbitration Appeals Court of the Russian Federation rejected Siemens’ to appeal seize the turbines which were transported to the Russian-annexed Crimea in violation of sanctions, TASS reported.

    Siemens asked to have the four SGT5-2000E gas turbines seized and to prohibit the Russian company Technopromexport or other persons from transporting, installing, operating, modifying, disassembling or otherwise using the turbines. Additionally, Siemens asked that Technopromexport be …

  • Russian oil company Rosneft freezes oil production in the Black Sea due to sanctions

    Russian oil and Gas Company Rosneft has suspended oil exploration and production in the southern corner of the eastern part of the Black Sea due to five-year sanctions against Russia, reports TASS.

    The Russian Federal Agency for Subsoil Use (Rosnedra) granted Rosneft's petition for a suspension of its license for geological exploration, exploration and production of hydrocarbons at the South Black Sea license area located in the eastern part of the Black Sea.

    “According to experts, amid the …

  • Washington: US will selectively impose sanctions on countries and companies doing business with Russia

    The US State Department has announced that it will selectively apply sanctions against third countries and enterprises that cooperate with Russian companies from the sanctions list, reports RIA Novosti.

    A State Department spokesman, in response to a question about whether US allies such as India could buy weapons from Russian companies on the sanctions list, noted that the sanctions would be applied only "in the case of a significant transaction."

    "Obviously, we’re going to consider the …