EU considers sanctions against financial institutions in the Crimea
The European Union is considering to impose ban for businesses and citizens from the EU countries on financial transactions with the banks engaged in activities at the territory of the Crimea, announced the draft document prepared by the European Commission for the EU governments on April 24.
“The same could hold for prohibiting investments by Crimean investors (companies located or registered in Crimea) into the EU and by EU investors into Crimean entities,” it said.
Also, the possibility of imposition the reporting limitations will be considered separately from the issue on possible stepping up of the economic sanctions against Russia, to the possibility of implementing more specific enforcement actions against Crimea.
The Commission proposals are still under review, and a decision whether to follow them is likely to be taken by EU foreign ministers, whose next meeting is on May 12.
You should be authorized to post comment
Russia: adoption of new technologies to increase agricultural production by 25% - Ministry of Agriculture
By 2020, the EAEU countries to increase oilseeds production to 21 mln tonnes
June 27, 17:40
Agro-logistics hub in Primorsky Krai to enlarge the exports of Russian agricultural products to the Asia-Pacific Region - Ministry of Agriculture
June 27, 16:40
Russia started grain harvesting works in 2 weeks later compared with the standard
June 27, 11:30
In the third week of June, the Russian seaports decreased grain export volumes
June 27, 10:10
In July 2017, Russia to export nearly 2.5 mln tonnes of grains - Rusagrotrans
June 26, 11:00
Growing of agricultural exports is the development priority for the Russian agro-industrial complex - Ministry of Agriculture
June 23, 10:20
Organization of large-scale supplies of Russian wheat to China requires some time - COFCO
June 22, 14:00