The European Union has prolonged the sanctions regime imposed on Russia for its actions in Ukraine by another half-year, the 27-member bloc's council said in a statement issued on July 20. "The Council today decided to prolong by six months, until 31 January 2024, the restrictive measures targeting specific sectors of the economy of the Russian Federation," the statement said. "These sanctions, first introduced in 2014 in response to Russia's actions destabilizing the situation in Ukraine, were significantly expanded since February 2022, in response to Russia’s unprovoked and unjustified military aggression against Ukraine," it said.
