RFE/RL journalist Rikard Jozwiak says the EU ambassadors will on Wednesday give green light to prolong the EU's Crimea investment ban by another year.
"EU ambassadors will on Wednesday give green light to prolong the EU's Crimea investment ban by another year," he wrote on Twitter on June 8, 2020.
Sanctions include bans on: imports of products originating in Crimea or Sevastopol into the EU; investment in Crimea or Sevastopol, meaning that no Europeans or EU-based companies are allowed to buy real estate or entities in Crimea, finance Crimean companies or supply related services; tourism services in Crimea or Sevastopol, in particular, European cruise ships shall not call at ports in the Crimean peninsula, except in case of emergency.
The restrictive measures also concern exports of certain goods and technologies to Crimean companies or for use in Crimea in transport, telecommunications, and energy sectors, as well as those related to the prospection, exploration, and extraction of oil, gas, and mineral resources. Technical assistance, brokering, construction or engineering services related to infrastructure in these sectors shall not be provided either.
As UNIAN reported earlier, in March, the European Union prolonged sanctions against Russia for the undermining of Ukraine's territorial integrity for another six months.