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Crimea and Sevastopol: Further EU sanctions approved

EU News 504/2014

Council of the European Union
ST 17015/14
Brussels, 18 December 2014

The Council has imposed substantial additional sanctions on investment, services and trade with Crimea and Sevastopol. This is to reinforce the EU's policy of not recognising their illegal annexation by Russia and follows a conclusion by the Foreign Affairs Council of 17 November.

From 20 December, investment in Crimea or Sevastopol is outlawed. Europeans and EU-based companies may no more buy real estate or entities in Crimea, finance Crimean companies or supply related services.

In addition, EU operators will no more be permitted to offer tourism services in Crimea or Sevastopol. In particular, European cruise ships may no more call at ports in the Crimean peninsula, except in case of emergency. This applies to all ships owned or controlled by a European or flying the flag of a member state. Existing cruise contracts may be still be honoured until 20 March.

It has also been prohibited to export certain goods and technology to Crimean companies or for use in Crimea. These concern the transport, telecommunications and energy sectors or the prospection, exploration and production of oil, gas and mineral resources.

Technical assistance, brokering, construction or engineering services related to infrastructure in the same sectors must not be provided.

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