European Union Agrees To Extend Economic Sanctions On Russia

JAKARTA - European Union leaders agreed on Thursday, December 10 to extend economic sanctions imposed on Russia for its intervention in Ukraine. This was conveyed by a spokesman for the President of the European Council, Charles Michel.

The economic sanctions against Russia were extended for another six months. "The agreement on the waivers of sanctions against Russia," EU Council spokesman Barend Leyts said on Twitter.

He confirmed the European Union's assessment that Moscow had failed to implement the conditions of the Minsk peace agreement.

The European Union hit Russia's energy, financial and weaponry sectors for Moscow's role in the conflict in Ukraine, and extended it repeatedly as the Kremlin vows not to return the peninsula to Kyiv.

The sanctions will formally extend until July 31, 2021, with leaders considering a further round in June.