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Monday, October 24, 2016

Russia wants to extend the anti-sanctions until the end of 2017

Prime Minister Dmitry Medvedev has instructed to renew the food embargo, which became a response to Western sanctions, even a year and a half. A proposal will be sent to the President of the Russian Federation Vladimir Putin.

photo: Gennady Cherkasov

“Will, accordingly, prepared an appeal to the President and issuing the necessary decisions the government decision”, — said Medvedev, speaking at a meeting with the Board of the Russian Union of Industrialists and entrepreneurs, reports RIA Novosti.

According to him, it is about the extension of the embargo to the end of 2017. “I have instructed to prepare proposals for the extension of measures is not for a year, and by the end of 2017”, – said the Prime Minister.

Today it became known that the countries “the Big seven” (G7) summit in Japan agreed in June to extend sanctions against Russia (they expire July 31). According to the Prime Minister of great Britain David Cameron, economic restrictions should remain in force as long as the Minsk agreement will not be fully implemented.

The statements of the leaders of the G7, the connection between anti-Russian sanctions with the implementation of the Minsk agreements, the Russian foreign Ministry called absurd. Press Secretary of the President of Russia Dmitry Peskov, in turn, noted that the extension of the restrictions will not benefit the development of the global economy.

At the same time, the French Senate (upper house of Parliament) intends to consider a draft resolution on the easing of the sanctions regime against Russia. This will happen on 8 June, told RIA Novosti one of the authors of the document, Senator Yves Pozzo di Borgo. According to him, on Thursday at a meeting of the Committee on European Affairs the draft resolution was supported almost unanimously.

A number of countries, including member States of the EU and the United States, began to impose restrictive measures against Russia since March 2014. Their actions are tied with the annexation of Crimea to Russia, and later — and with the situation in the East of Ukraine.

In response, Russia banned in August 2014, the supply of products from countries that impose sanctions to her. In June 2015, the government extended the Russian food embargo until August 5, 2016.

Sanctions . Chronicle of events

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