LUXEMBOURG:
European Union (EU) foreign ministers formally agreed Monday to prolong to January 2016 damaging economic sanctions against Russia to ensure it fully implements Ukraine peace accords, officials said.
“EU has extended economic sanctions against Russia until 31 January 2016, with a view to complete implementation of (the) Minsk agreement,” an EU spokeswoman said in a tweeted message.
The 28-nation bloc initially imposed travel bans and asset freezes against Russian and Ukrainian figures for their part in the crisis but then reacted sharply after Malaysia Airlines flight MH17 was shot down in July over territory held by pro-Moscow rebels.
Brussels hit Russia’s banking, oil …read more
Source: Pakistan Today