Russian economy’s stable growth of 4% may be reached in 2-3 years — presidential aideBusiness & Economy May 25, 4:36
Nearly half of Ukrainians don’t trust president, government and parliament — opinion pollWorld May 25, 2:25
Six ceasefire violations reported in Syria in past day — Russian reconciliation centerWorld May 25, 2:15
Slovakia confirms sanctions against Russia not efficient — ministerRussian Politics & Diplomacy May 24, 21:40
Russian jet sales to Egypt depend on Russia-Egypt air service resumption — ministerBusiness & Economy May 24, 21:29
Privatization of 19.5% stake in Rosneft may provide $10.5 bln to budget — ministerBusiness & Economy May 24, 21:14
Russia not to introduce restrictions on import of medicines — ministerDomestic Policy May 24, 20:56
More and more Russian companies offer Eurobonds on market — ministerBusiness & Economy May 24, 20:50
Two Russian mobile hospitals join WHO’s Emergency Medical Team InitiativeSociety & Culture May 24, 20:41
“Preliminary consultations show that today almost no leaders of EU states find it necessary to impose trade and economic sectoral sanctions on Russia,” he noted.
He said that the conflict in eastern Ukraine is developing. Volunteers and weapons are still arriving in the conflict zone across the Russian border. "At the same time we see the positive developments, including the revocation of the Russian parliament’s decision on the possibility of the use of force in Ukraine and the start of a dialog between Russia and Ukraine at the highest level," he said.
Nobody wants that (sanctions) really. The goal of sanctions is not to introduce them, the goal is to make the very threat of them an impulse to correct policies
Jan Tombinski Chairman of the EU representation in Ukraine The West European diplomat said that in this situation “the imposition of economic sanctions would be counterproductive and would probably prompt Russia to move towards self-isolation and provoke further escalation of the conflict.”
At the same time, the EU will continue to exert pressure on Moscow by diplomatic means to motivate it to take further steps towards de-escalation of the conflict, the West European diplomat said.
The source did not rule out, however, “some extension of the Russia blacklist, which prohibits some Russian officials to enter the EU and use the European banking system until November this year.
“Everything will depend on practical efforts, which Russia is taking or is not taking to bring the conflict to a halt,” the source said.
The EU is also ready to cooperate with Russia and to remove any misunderstanding on the association agreements, European Council President Herman Van Rompuy said separately during signing ceremonies of the association agreements with Ukraine, Moldova and Georgia.
These agreements cannot hurt Russia, they are focused on creating mutual future and prosperity, Van Rompuy said.
Earlier, Chairman of the EU representation in Ukraine Jan Tombinski said that EU countries have no intention to introduce new economic sanctions against Russia.
“Nobody wants that really. The goal of sanctions is not to introduce them, the goal is to make the very threat of them an impulse to correct policies,” he added.
In June, the European Commission prepared a list of trade and economic sectoral sanctions against Russia that will have the least impact on the European economy. These measures include restrictions on the supply of modern technology and equipment used for oil and gas extraction.