The Council of the EU extended restrictive measures against Russia for the next 12 months, until July 31, 2027.
This was stated by the press service of the Council of the EU, Ukrinform reports.
"The decision follows the European Council on 18-19 June 2026, where EU leaders agreed to extend the economic sanctions against Russia for twelve months," the statement said.
The economic restrictions, first introduced in 2014, were significantly expanded from February 2022 in response to Russia's aggression against Ukraine.
"Existing measures cover key sectors, including trade, finance, energy, and dual-use technology. They also cover a ban on the import or transfer of seaborne crude oil and certain petroleum products from Russia to the EU, transaction ban on several financial institutions and crypto service providers in Russia and in 3rd states and the suspension of the broadcasting activities and licenses in the European Union of several Kremlin-backed disinformation outlets. Additionally, specific measures enable the EU to counter sanctions circumvention," the statement said.
