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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 09:23

Wall Street Journal: EU sanctions to target Russian oil and war industry companies

BC, Moscow, 08.09.2014.Print version
Several Russian oil and war industry companies will suffer from the new European Union (EU) sanctions, the U.S. magazine Wall Street Journal reported on Sunday, cites LETA.

According to "Wall Street Journal", the full list of sanctions will be confirmed on Monday, but it appears that the list will include such companies as Rosneft, Gazpromneft, Transneft, the United Aircraft Corporation, and Uralvagonzavod, writes NOVAYA GAZETA.

 

It is said that these companies will not be able to receive loans in western banks with maximum maturity of 30 days.

 

Furthermore, western countries are prohibited form exporting several brands produced in Russia, such as Sirius, Stankoinstrument, and Kalashnikov.

 

The new sanctions could come into force already on Tuesday.

 

Russian Prime Minister Dmitry Medvedev announced that Russia's retaliatory step could be limited flights above the Russian territory.

 

Regardless of the ceasefire between Ukraine and pro-Moscow militants, the EU agreed on new economic sanctions against Russia on Friday, several European diplomats announced.

 

It is said that the EU will impose stricter sanctions against Russian finance services in regard to oil production technologies, arms, and "dual-use" products.

 

The "blacklist" will include additional 20 people that are connected with the Kremlin, as well as Defense Minister Sergey Shoygu, the EU sources report.

 

Implementation of new sanctions against Russia would be the best way how to secure ceasefire in Ukraine, U.S. President Barack Obama said on Friday.

 






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