Ukraine imposes retaliatory sanctions against Russia

Ukraine’s parliament voted for the bill allowing the Cabinet of Ministers to impose tit-for-tat sanctions against Russia. The amendment to the law of Ukraine on International Business Activity authorizes economic penalties against Russia in response to discriminatory actions of the aggressor state. 291 MPs, that is more than necessary number of lawmakers (226) voted in…

Georgian Prime Minister Irakli Garibashvili resigns

Georgian Prime Minister resigned on Wednesday after two years in the office, just a year before an upcoming parliamentary election. In a televised address to the nation, Irakli Garibashvili gave no specific reason for the decision, saying the prime minister’s position was never an end in itself, but an opportunity to serve the country and…

The US imposes further sanctions on Russia

The Obama administration tightened economic pressure on Russia over its intervention in Ukraine by imposing further sanctions on some Russian individuals and companies. Most of the targeted groups were associates or bank subsidiaries of people and companies already sanctioned before by the Treasury Department’s Office of Foreign Assets Control. The group includes 34 people or…

Ukraine to suspend trade with Crimea

In accordance with the government meeting’s decision, Ukraine will suspend trade with Crimea within 30 days. As the Prime Minister Arseny Yatseniuk said the suspension will include goods, work and services to and from Crimea with the exception of personal items, socially important foods and humanitarian aid. However, the electricity issue is considered as separate,…

EU plans to extend sanctions on Russia

An EU official told RFE/RL that the EU plans to extend sanctions against Russia when EU ambassadors gather for a meeting slated to take place on December 21. The sanctions to be officially extended until July 31, 2016 target Russia’s financial, oil and military sectors as well as specific individuals. A December 14 meeting of…