The European Union has introduced additional restrictive measures against the economy of occupied Crimea, banning all investment and cruise ships from its ports to send a clear message that the bloc will not recognise Russia's "illegal annexation" of Ukraine territory, said the European External Action Service (EEAS) spokesperson Maja Kocijancic.
Under the new restrictions, European Union companies will not be allowed to buy real estate in Crimea, finance local companies or supply related services. Tourism services are also banned, with cruise ships barred from Crimea ports, except in an emergency. EU companies can no longer export goods or technology for use in the transport, telecoms and energy sectors, specifically for gas and oil exploration and production.
Related Articles
Drones strike Russia’s largest oil port of Primorsk
More than 30 Ukrainian drones targeted Russia’s biggest oil terminal of Primorsk overnight on September 11–12, The Moscow Times reported on September 12. A pumping station caught fire as a ... more
Russian drones targeted Rzeszów airport hub, media claim
Russian drones, which breached Polish airspace in the early hours of September 10, might have been targeting the airport in Rzeszów, which is vital for the West’s military supplies to Ukraine, ... more
Second Russian LNG tanker arrives in Chinese port defying sanctions
A second vessel transporting LNG from Russia’s sanctioned Arctic LNG 2 terminal has docked at a Chinese port, Reuters reported on September 6 citing ship tracking data from the London Stock ... more
Most Read
-
Renewable capacity growth is faster than ever, but more acceleration needed to meet Paris 2030 goal, says IEA
1 year ago
-
Kyrgyzstan abandons attempt to rescue Russian climber trapped on icy summit of country’s highest mountain
20 days ago
-
BERTRAND: China after Communism, preparing for a post-CCP China
1 month ago
-
UKRAINE REMONT: The battle to build: signs of recovery in Ukraine's construction industry
5 months ago