EU Extends Sanctions on Russia over 2014 Crimea Annexation
July 5, 2016 in Russia, UkraineThe European Union (EU) has extended for another year the sanctions, which it imposed on Russia over its annexation of Crimea in March 2014.
In mid-June, the 28 EU member states renewed a ban on economic ties with Crimean businesses, which include a block on EU tourism and investment in the Black Sea peninsula. Other EU sanctions target top Russian officials over the Ukraine insurgency.
The annexation, which occurred after pro-Russian forces seized Ukrainian bases in Crimea and then held a referendum, drew international condemnation. While Crimea has a Russian-speaking majority, the referendum was organized by the new authorities and was deemed illegal by the West. After the Crimea annexation, pro-Russian insurgents seized power in the Donetsk and Luhansk regions of eastern Ukraine in April 2014. The EU, United States and some other countries then ratcheted up their sanctions against Russia.
After the break-up of the Soviet Union in 1991, Russia retained control of the important Black Sea naval base in Sevastopol. However Ukraine had control of the rest of Crimea until the 2014 crisis.