EU does not consider prolongation of economic sanctions against Russia — source

Prolonging sectoral sanctions against Russia be considered in January 2016. A decision will depend on compliance with the Minsk Accords above all, the source said.

The issue of prolonging sanctions against Russia is not on the European Union’s current agenda, a European source has told TASS.

"Prolonging sectoral sanctions against Russia is not the issue of the day. It will be considered in January 2016. A decision will depend on compliance with the Minsk Accords above all," he said.

The source confirmed that in full compliance with the schedule agreed in June the committee of the EU states’ permanent representatives will gather later on Wednesday for the first time after the summer holidays to raise the issue of prolonging the operation of the EU’s black list for Russia and the self-proclaimed republics of the East of Ukraine, due to expire on September 15.

On the black list for Russia there are 151 persons, including officials, politicians, businessmen and law enforcers, as well as practically all officials of the self-proclaimed Donetsk and Luhansk republics. All of them are prohibited from entering the European Union. Their assets, should any be identified in the European banks, are liable to a freeze. Also, on the same list there are 37 organizations, including all known military and political agencies of the Donetsk and Luhansk republics. The European businesses are now allowed to have any contacts with them.

Moscow has repeatedly said that the Western sanctions introduced over the conflict in Ukraine are counter-productive. Russian Foreign Minister Sergey Lavrov remarked at a certain point that "the fanning of confrontation and attempts at sanction pressures on Russia are a dead end.".

First published by TASS.

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