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Sanctions News

NATO urges continued sanctions on Russia over Ukraine

Brussels - Damaging EU economic sanctions imposed on Russia over the Ukraine crisis must be kept in place to force Moscow to meet its Minsk ceasefire commitments, NATO head Jens Stoltenberg said Wednesday.

Iran says it will respond to US sanctions renewal

Tehran - Iran said on Friday that Congress's decision to renew US sanctions for 10 years was a violation of last year's nuclear agreement and promised an "appropriate" response.

N. Korea artillery drill targets South, Seoul unveils sanctions

Seoul - North Korean leader Kim Jong-Un conducted a large-scale artillery drill simulating an attack on the South Korean capital and other targets, as Seoul and Tokyo on Friday unveiled fresh unilateral sanctions against Pyongyang over its nuclear weapons prog...

China to 'seriously' implement N. Korea UN sanctions

Bejing - Beijing will "seriously" implement new United Nations sanctions imposed on North Korea over its nuclear and missile programmes, it said Thursday, with the measures set to hit Pyongyang's lucrative Chinese coal exports hard.

UN Security Council hits N.Korea with toughest-ever sanctions

New York - The United Nations Security Council on Wednesday unanimously imposed its toughest sanctions on North Korea, placing a cap on the hermit state's key coal exports after its defiant nuclear tests.

US seeks UN arms embargo against South Sudan

New York - The United States on Thursday launched a bid at the Security Council to impose an arms embargo on South Sudan following UN warnings that the war-torn country could descend into genocide.

EU sanctions 17 Syrian ministers, central bank governor

Brussels - The European Union on Monday placed 17 Syrian ministers plus the central bank governor on a sanctions blacklist targeting the regime of President Bashar al-Assad over attacks on civilians.

EU adds to Crimea sanctions blacklist

Brussels - The European Union has added several people, including some recently elected to Russia's parliament, to its sanctions blacklist for their role in supporting Moscow's seizure of Crimea from Ukraine, officials said Tuesday.

EU approves new Syria sanctions, targets 10 top officials

Brussels - The European Union on Thursday added 10 top Syrian officials to its sanctions blacklist for their role in the "violent repression" of the civilian population."The persons...

France seeks sanctions over Syria chemical attacks

Paris - French Foreign Minister Jean-Marc Ayrault on Saturday asked the UN Security Council to condemn the use of chemical weapons in Syria, and urged that those behind the attacks be placed under sanctions."I want...

EU threatens DRCongo sanctions if no poll: sources

Brussels - The European Union will on Monday demand that the Democratic Republic of Congo hold elections early next year or face fresh sanctions, EU diplomatic sources said.

French FM does not back sanctions against Russia over Syria

Rome - French Foreign Minister Jean-Marc Ayrault said Wednesday he did not support sanctions against Russia or Iran, which back the Syrian regime and its offensive in Aleppo.

EU to 'suspend' Colombia's FARC from terror list

Brussels - The European Union has decided to "suspend" Colombia's FARC rebel group from its terror group list, EU foreign policy chief Federica Mogherini announced on Monday.

EU to halt sanctions against Colombia's FARC: sources

Brussels - The EU is preparing to suspend sanctions against Colombia's FARC rebel group as soon as it signs a historic peace deal with the government later Monday, European sources said.

EU court upholds sanctions against ex Ukraine leader

Luxembourg - An EU court on Thursday upheld a decision by Brussels to freeze the funds of Ukraine's ousted pro-Russian president Viktor Yanukovych as well as those of a son and top aide.

The sanctions game: US mulls rewriting Myanmar blacklist

Yangon - Rolling back US sanctions on Myanmar will top the agenda Wednesday as President Barack Obama hosts democracy champion Aung San Suu Kyi, with American firms desperate to tap millions of consumers once cut off by the former junta.

Obama warns of new sanctions after N. Korea nuclear test

Washington - US President Barack Obama vowed Friday to push for new international sanctions in retaliation for North Korea's latest nuclear test, condemning it as "a grave threat to regional security and to international peace and stability.

Sanctions disrupt aid agencies in N. Korea

Pyongyang - Ramped-up international sanctions on North Korea have inadvertently disrupted the already challenging work of aid agencies there, those in the field say, with risk-averse banks refusing to transfer funds needed to keep operations running.

N. Korea threatens action over US anti-missile system

Seoul - North Korea threatened Monday to take "physical action" after Washington and Seoul announced they would deploy a sophisticated US anti-missile defence system to counter the growing menace from Pyongyang.

N. Korea says US sanctions on leader 'a declaration of war'

Seoul - North Korea said Friday that the new US sanctions targeting its leader Kim Jong-Un amounted to a "declaration of a war" and vowed to take strong retaliatory measures.

S. Korea welcomes U.S. blacklist for N. Korea leader

Seoul - Washington's move to place North Korean leader Kim Jong-Un on its sanctions blacklist for the first time was welcomed by South Korea Thursday, with Seoul saying it would highlight human rights abuses in the hermit state.

Russia's food embargo fires up counterfeit dairy industry

Moscow - The cottage cheese crackles like popcorn, emits a greyish smoke and finally goes up in flames, burning for an impressive ten minutes, like a well-oiled torch.

EU extends Russia sanctions to January 2017

Brussels - The European Union on Friday formally extended damaging economic sanctions against Russia by six months due to a lack of progress in resolving the conflict in eastern Ukraine.

EU approves 6-month Russia sanctions rollover

Brussels - EU ambassadors agreed to roll over damaging economic sanctions against Russia for six months in the absence of any progress on resolving the Ukraine conflict, European sources said Tuesday.

EU extends sanctions against Russia over Crimea

Brussels - The European Union on Friday rolled over for another year sanctions imposed to protest Russia's 2014 annexation of Crimea from Ukraine, which the bloc deems illegal.

Putin makes pitch for better Europe ties as economy suffers

Sanktpeterburg - Russian President Vladimir Putin on Friday said he was willing to reach out to Europe to mend relations shattered by the Ukraine crisis but insisted the West was responsible for the bad blood.

Juncker warns Russia on sanctions, meets Putin

Sanktpeterburg - EU Commission head Jean-Claude Juncker warned Russia Thursday that the 28-nation bloc will only lift its sanctions if the Kremlin fully implements a Ukraine peace deal.

Putin to meet EU, UN leaders at key Russian economic forum

Sanktpeterburg - Russian President Vladimir Putin will look to refashion himself as a more reliable partner for the West as Moscow struggles to come in from the cold at its flagship economic forum in Saint Petersburg.

US acts to further isolate North Korea from global banking

Washington - The United States took steps Wednesday to further lock North Korea out of the world financial system as it officially labeled the country a "global money laundering concern.

Expect no sanctions reprieve from Russia visit — Juncker

Paris - European Commission chief Jean-Claude Juncker on Tuesday warned against expecting any announcement on the lifting of EU sanctions on Russia when he visits the country in mid-June.
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