EU restrictive measures in respect of Crimea and Sevastopol, which were approved on December 18, were published on Friday in the Official Journal of the European Union.
In particular they prohibited the acquisition or extension of previously-acquired properties, the acquisition of new businesses or the expansion of participation in existing companies, extension of credits or loans to organizations working in Crimea, the creation of new enterprises with local organizations in Crimea and Sevastopol, provision of investment services for the acquisition or expansion of real estate or businesses.
The legislation also contains restrictions on trade. In particular, it is prohibited to sell a number of products and technologies that can be used in transport, telecommunications, energy, development and production of oil, gas and mineral resources to individuals and legal entities in the Crimea and Sevastopol (or for use in the Crimea and Sevastopol), Interfax reports.
