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EU Approves More Sanctions Over Ukraine Crisis

Fri, 25 Jul 2014 03:28:10 +0000

iStock/Thinkstock(BRUSSELS, Belgium) -- The European Union approved further sanctions linked to the crisis in Ukraine, adding more Ukranian and Russian individuals and entities to its list Thursday.

The Council's Committee of Permanent Representatives implemented further restrictions as a result of the annexation of Crimea. The subjects of the prohibitions will have their assets frozen and undergo a visa ban.

The individuals and entities added follow 72 people already listed under EU sanctions.

"The meeting also reached agreement on extending the designation criteria," representatives said in a statement. "This will pave the way for imposing asset freezes and visa bans on persons and entities that actively support or are benefiting from Russian decision makers responsible for the annexation of Crimea or the destabilisation of Eastern Ukraine."

In addition to sanctions, the group discussed additional measures to restrict trade with and investment in Crimea and Sevastopol.


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