EU renews Russia sectoral sanctions

As foreshadowed last month (see previous blog), the EU has decided to renew its economic sanctions on Russia for 6 months, until 31 January 2017. Key points: These so-called ‘phase 3’ sanctions were those introduced on 31 July 2014, and target Russia’s financial, energy, and defence sectors, as well as imposing restrictions on trade in dual-use goods and restricting Russian...