News

EU extends sanctions on Russia over Ukraine for six months

January 27, 2023 09:14 PM


Twitter Share Facebook Share WhatsApp Share

The EU extended its sanctions on Russia over the war in Ukraine for a further six months on Friday, as it mulls fresh measures against Moscow.

The sanctions, originally imposed when Moscow annexed Crimea from Ukraine in 2014, were significantly ramped up after the start of the all-out invasion in February.

They have been routinely extended for six-month periods over the past eight years. The EU has imposed nine rounds of sanctions on Moscow since it launched a major cross-border offensive last year.

The measures have included hitting Russia's key oil exports, cutting off its banks from the SWIFT global payment system, and targeting President Vladimir Putin personally.

Some eastern European nations had sought to extend the sanctions by one year this time to lock in the punishment for a longer timeframe.

The bloc's executive arm is currently working to draw up proposals for a tenth round of sanctions.

But officials warn that it is getting harder to find agreement between the EU's 27 member states on further hard-hitting measures.

Ukraine has called for the next package of sanctions to target Russia's missile industry and nuclear power sector.

The EU is also eyeing expanding sanctions on Moscow's ally Belarus, which has acted as a staging post for Russia's war effort.



Most Read

  1. Maryam Nawaz can wear uniform! Maryam Nawaz can wear uniform!
  2. Here is all about Madiha Rizvi’s second husband Here is all about Madiha Rizvi’s second husband
  3. Madiha Rizvi ties the knot again Madiha Rizvi ties the knot again
  4. Zara Noor Abbas inspired by Rani Mukerji Zara Noor Abbas inspired by Rani Mukerji
  5. Humayun Saeed and Saboor Aly under fire for close interaction in public Humayun Saeed and Saboor Aly under fire for close interaction in public
  6. Two patients die, injuries of 12 others multiplied after roof collapse at Gujrat hospital Two patients die, injuries of 12 others multiplied after roof collapse at Gujrat hospital

Opinion

  1. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai

  2. Islamabad becoming the hub of international diplomacy
    Islamabad becoming the hub of international diplomacy

    By Salim Bokhari

  3. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  4. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  5. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  6. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay