BRUSSELS—Frustrated by the apparent ineffectiveness of previous sanctions and outraged by the deaths of 298 people aboard the Malaysia Airlines plane downed over eastern Ukraine, the European Union adopted tough new economic sanctions against Russia on Tuesday, EU officials and diplomats said.
The measures, which were prepared in coordination with the United States, include an arms embargo, and a ban on the sale of dual use and sensitive technologies, such as advanced energy technology equipment relevant for deep sea and Arctic drilling. Such equipment will now be subject to prior approval by competent national authorities, an EU official said.
Under the financial …read more
Source: The Epoch Times