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EU sticking to its guns, extends Russian sanctions for another six months

The EU still maintains their foreign policy perspective as an extension of America’s foreign policy

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

European leaders are sticking to their guns on the anti-Russia bandwagon approach as the the European Council elected to extend economic sanctions against Russia for another six months, with the logic being that the EU still insists that Russia is responsible for the conflicts in the Ukraine.

Deutsche Welle reports:

EU leaders agreed to extend sanctions against Russia for six months over the Ukraine conflict. But there are concerns that the Trump-Putin summit in July may disrupt a common stance.

After meeting in Brussels on Friday, the European Council (EC) announced that EU leaders agreed to extend economic sanctions against Russia for six months.

The decision will be formally confirmed in the coming days, an EU official said.

The EU first imposed sanctions in July 2014 after Malaysia Airlines flight MH17 was shot down over Ukraine, killing 298 people. The EU has blamed pro-Russian rebels for the attack.

The sanctions are aimed at Russia’s financial, energy and defense industries. They are specifically intended to block Russian banks’ access to EU markets and limit Russian access to some EU imports.

US and Russian leaders to meet in July

US sanctions against Russia are likely to figure large when US President Donald Trump meets his Russian counterpart Vladimir Putin in Helsinki on July 16.

Evidence of Russian meddling in the US 2016 election led the US to impose sanctions on Russia in April, but Trump and some European leaders have questioned if sanctions against Russia have the desired effect.

A spokeswoman from the German economy ministry said on Friday that the ministry had received a commitment from the US that any new US sanctions would not affect Russian pipelines, a reference to the controversial Nordstream II pipeline linking Russia and Germany.

Honoring the Minsk Agreement

Friday’s decision came after a “very short discussion” on Ukraine, Russia and the Minsk peace agreement, according to an EU official.

The EU has in the past linked any easing of sanctions to Moscow implementing the agreement.

Moscow and MH17

EU leaders also reiterated “full support” for a UN resolution on the shooting down of flight MH17, in a summit statement.

The statement also called on Russia to “accept its responsibility and fully cooperate with all efforts to establish truth, justice and accountability.”

This news represents a partial omnibus of alleged offenses and atrocities committed by Russia, including the alleged meddling in elections, the MH17 crash, and ongoing conflict from the Kiev regime against Donetsk. It seems to be missing the allegations about the Skripal case, however, which is curious, as it has just about as much evidence behind it as these other pretexts possess. Of course, they conveniently made sure that their sanctions regime wouldn’t hurt their own economic interests by seeking to exclude the Nord Stream 2 pipeline project.

In the end however, they are concerned about how things are going to go down between Trump and Putin at their July 16 meeting in Helsinki, and whether Trump might issue orders to the EU to cut the sanctions business, as the EU still maintains their foreign policy perspective largely as an extension of America’s foreign policy, rather than formulating and carrying out their own.

 

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Daisy Adler
Daisy Adler
September 5, 2018

Sanctions and counter-sanctions cost the EU countries economy an average of €50 billion per year since 2014, or at least €200 billion so far.

10% of EU agri-food exports went to Russia, or $11 billion a year. Russia counter-sanctions cost the EU $6 billion a year.

VeeNarian (Yerevan)
VeeNarian (Yerevan)
September 5, 2018

Once a slave ALWAYS a slave. Poor old deluded and decrepit EU will have to be smashed to pieces for its role in instigating a war in the Donbass in which more than 10000 people have died.
Political death for the EU is hereby ordained as punishment for these crimes against humanity.

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