EU sanctions against Russia come into force, but may be lifted under ‘certain conditions’

The EU’s additional sanctions against Russia may be revised or lifted by the end of September under certain conditions, Head of the European Council Herman Van Rompuy has said.

“At the same time, it is my understanding that the Permanent Representatives Committee (COREPER) before the end of the month will carry out a comprehensive review of the implementation of the peace plan [in Ukraine] on the basis of an assessment carried out by the European External Action Service (EEAS),” Van Rompuy said in a statement posted on the official website.

He said that the EU stressed “the reversibility and scalability” of their restrictive measures.

Therefore, if the situation changes, “the Commission and the EEAS are invited to put forward proposals to amend, suspend or repeal the set of sanctions in force, in all or in part,” the European Council head said.

As it was predicted before, Russian oil companies Rosneft, Transneft and Gazprom Neft have been included on a list of new restrictive measures of the European Union regarding Russia, the EU Official Journal reported on Friday.

The EU has also introduced restrictions on cooperation with Russia in developing scavenger oil deposits.

In addition, the new “black list” of persons includes Donetsk terrorist leader Alexander Zakharchenko, State Duma deputy from the Liberal Democratic Party Vladimir Zhirinovsky, Rostec CEO Sergei Chemezov, as well as State Duma Deputy Speakers Vladimir Vasilyev, Ivan Melnikov, Nikolai Levichev, Igor Lebedev, etc., via Interfax-Ukraine, Ukrinform

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