The Association of European businesses (AEB) said that a fresh punishment, Of which the European Union announced yesterday, will not only affect the Russian economy, but also will affect the economic growth of the EU.
On Tuesday, it was announced About the introduction by the EU of new economic sanctions against Russia in connection with the Ukrainian crisis. Moscow has many times stated that talking with her tongue punishment inappropriate and unproductive. Russia also emphasized that not a party to domestic conflict.
The European Union prohibits its investors to buy shares and bonds of Russian banks from new issues, and manufacturers EU - export to the Russian Federation technologies and equipment for oil industry, designed for deep-sea mining works in the Arctic and projects in the field of shale oil. In addition, introduced an embargo on fresh contracts on the import and export from the EU to Russia's weapons and items and technologies of double purpose. Punishment will be presented on July 31 and will take effect on 1 August.
" The AEB believes that economic activity increases growth and creates jobs and is a bridge between the EU, Russia and Ukraine. Taking Into account the volume of trade between Russia and EU, Russia and Ukraine, the AEB believes that fresh punishment would harm not only the Russian economy, but also will affect the economic growth of the EU and Ukraine ", - is informed in the report of the organization.
The AEB represents more than 600 organizations, most of which do business in the Russian Federation and Ukraine, for this reason, the AEB members with first-hand information and experience of doing business in this region, we have the opportunity in full force to assess the impact of sanctions, says the release.
AEB again said About his position in favor of de-escalation of the conflict from all participants urged the heads of state and governments of the EU, Russia and Ukraine to build as soon as possible, an international conference, to stop the civil war in Ukraine and to find a mutually acceptable solution.
numerous anti-government protests were started in the South-Eastern regions of Ukraine at the end of February 2014. It has been the response of local citizens at the forcible change of power in the country and the subsequent attempt to cancel the Verkhovna Rada of the law, giving the Russian language regional status. The center of confrontation between Pro-Russian-minded people with the government in Kiev has become the Donbass. About that, how is the conflict in the South-East of Ukraine.
The development of events in Ukraine and Novorossiya: the latest information, photos and video from the place, reaction, and activation -
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