The European Union renewed its economic sanctions against Russia for six months, after concluding that Moscow has failed to fully respect a peace agreement in eastern Ukraine. The sanctions target Russia’s financial, energy and defense sectors as well as some dual-use goods. The EU Council said in a statement on Monday that the measures have been prolonged until July 31 while it assesses Russian compliance with the Minsk peace agreement. Russia called it a “short-sighted game”, saying it will damage the interest of both.
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