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Iran Press TV

EU reaches preliminary deal on Russia sanctions

Iran Press TV

Fri Jul 25, 2014 3:55PM

European Union (EU) ambassadors have reached a preliminary deal on widening sanctions against Russia over the crisis in Ukraine.

The agreement was made on Friday in Brussels during the second day of talks on expanding sanctions against Russia.

The proposed bans would target Russia's access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.

EU spokeswoman Maja Kocijancic said the proposals were submitted to EU officials to codify into regulations, with the EU ambassadors set to meet again on July 29 to review the results.

The EU charges Russia with playing a hand in the crisis in neighboring Ukraine, where government forces are fighting pro-Russia forces. Moscow rejects any involvement with or link to the pro-Russians.

Meanwhile, the EU was due to release later on Friday the names of 15 individuals and 18 entities, including companies, which were added to the 63 names already on the sanctions list.

The preliminary deal comes just over a week after the downing of a Malaysian Airlines plane over Ukraine's volatile Donetsk region.

The Malaysian Flight MH17, heading from the Dutch city of Amsterdam to Kuala Lumpur, was reportedly shot down on July 17. All 298 passengers and crew members on board were killed in the air tragedy.

Western powers are accusing pro-Russia forces of downing the civilian airliner. The pro-Russians deny any involvement in the tragedy and, in turn, accuse Kiev of being responsible for the plane's crash.

Ukraine's eastern Donetsk and Lugansk regions have witnessed deadly clashes between pro-Russia forces and the Ukrainian army since the government in Kiev launched military operations in mid-April in a bid to crush the pro-Russia protests there.


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