Contents tagged with Sanctions

  • Head of Germany's Christian Social Union in Bavaria party calls for lifting sanctions on Russia

    The head of Germany’s Christian Social Union in Bavaria party and Bavaria’s Prime Minister, Horst Seehofer, stated that sanctions on Russia should be lifted as early as this year, TASS reported.

    Seehofer’s party is an ally of Chancellor Angela Merkel’s Christian Democrats.

    Speaking during an interview with Bild am Sonntag, Seehofer said, "The sanctions against Russia should be lifted as early as this year. Russia should also return to the G8 circle.”

    "We need to abandon the bloc mentality as …

  • NATO ex-official urged the US Congress not to allow the lifting of sanctions against Russia

    Former Deputy Secretary General of NATO, Alexander Vershbow, urged the U.S. Congress to restrict the removal of anti-Russian sanctions.

    "Congress should act before the U.S. President, Donald Trump, unilaterally lifts sanctions against Russia," he wrote on Twitter.

    Vershbow noted that the U.S. sanctions imposed in connection with the events in the Crimea and eastern Ukraine may be canceled by the President without the consent of Congress as the sanctions were initially imposed by Trump’s …

  • Russia's Almaz-Antey defense company loses court battle over sanctions

    The General Court of the European Union in Luxembourg confirmed that the sanctions and freezing of the assets of Russia's state defense company Almaz-Antey are in accordance with the law.

    "In today's decision the court rejected the claim of Almaz-Antey and thus, supported the freezing of the company’s assets," the statement of the Court reads.

    The court noted that "the freezing of funds of such entities can achieve the goal of preventing the escalation of the conflict in Ukraine."

    According …

  • Russian Media: US sanctions could block the import of smartphones and tablets into Russia

    The sanctions imposed in December of last year by the United States against the Russian Federal Security Service (FSB) can block the import of electronics with encryption abilities into Russia, as published on the RBC website, citing a statement made by the law firm of Baker & McKenzie.

    According to the statement, they have already warned their customers about possible problems. "Since the FSB carries out certain administrative functions such as examination and approval of commercial …

  • Medvedev: Russia must give up the illusion that the sanctions will be lifted soon

    The Russian Prime Minister, Dmitry Medvedev, said that Russia should give up the illusion about the lifting of the sanctions, UNIAN reported.

    "It's time to part with the illusion that the anti-Russian sanctions that were imposed on our country will be lifted in the near future. It's obvious that everything that has happened will last for a long time. We cannot put our hopes in the results of elections in foreign countries to affect this issue," Medvedev said during his speech at the congress …

  • The President of Finland: Russia longs for its former greatness

    The primary problem that we face today is global security, this affects the Baltic Sea and many other regions. The tension is growing in the world and Russia is trying to take a more secure position (from its perspective) in such conditions, the President of Finland stated, as reported by Yle.

    “At a basic level, Russia longs for its former greatness,” Sauli Niinistö added. Niinistö also commented on the statement of the President-elect of the United States regarding the lifting of anti-Russian …

  • Berlin invites Russian minister to attend G20 agriculture meeting in Germany despite sanctions

    Through a series of diplomatic maneuvers, the German government hopes to circumvent the EU’s travel ban for Russian Minister of Agriculture Aleksandr Tkachov, the DPA news agency reported.

    Tkachov is on the list of Russians who are subject to sanctions and is thus prohibited from entering the EU due to Russia’s annexation of the Crimea in 2014. However, according to the Redaktionsnetzwerk Deutschland (RND) the German Ministry of Foreign Affairs plans to host the Russian minister on January 22. …

  • The Kremlin called the new possible U.S sanctions against Russia a threat to the global economy

    The Press Secretary of the Russian Federation President, Dmitry Peskov, stated that the imposition of new anti-Russian sanctions by the United States would damage not only the U.S-Russian relations but also the global economy, Interfax reported.

    According to him, such decisions will result in losses for the global economy, in particular, the energy market. However, Peskov stressed that the Russian energy sector will find ways to compensate for any possible damages.

    “Over the past two years, …

  • The U.S. Department of Treasury expanded the Magnitsky sanctions list

    On the 9th of January, the Head of the Investigative Committee of Russia, Alexander Bastrykin and another four Russian citizens were added to the Magnitsky sanctions list. According to the updated list published on the Ministry’s website, another five Russian citizens, Alexander Bastrykin, Stanislav Gordievsky, Dmitri Kovtun, Andrey Lugovoy and Gennady Plaksin were targeted by sanctions under the Magnitsky Act.

    Meanwhile, the Spokesperson for the United States Department of State, John Kirby …

  • U.S. senators are preparing a bill on new sanctions against Russia

    United States senators are preparing a bipartisan draft bill about additional sanctions against Russia in connection with its hacker attacks on American political institutions and its activities in Ukraine and Syria. The Voice of America reported that the lawmakers confirmed this information when the Senate convened for a new session of Congress.

    Senator Ben Cardin, the leading Democrat of the Foreign Relations Committee, told reporters in Capitol Hill on January 3 that he was working on the …