EU extends sanctions on Crimea until mid-2017

EU extends sanctions on Crimea until mid-2017

The European Union extended for a year on Friday a ban on business dealings with the Black Sea peninsula of Crimea, which became a part of Russia in 2014 in a move that has not been internationally recognized, Reuters reports.

The sanctions, now prolonged until June 23, 2017, prohibit imports of products from Crimea, any investment there, cooperation in tourism services as well as exports of some goods and services to the peninsula.

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