Radio Free never accepts money from corporations, governments or billionaires – keeping the focus on supporting independent media for people, not profits. Since 2010, Radio Free has supported the work of thousands of independent journalists, learn more about how your donation helps improve journalism for everyone.

Make a monthly donation of any amount to support independent media.





Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'

The European Union’s top court has upheld restrictive measures adopted by the 27-nation bloc against Russian oil and gas companies in connection with Moscow’s actions in Ukraine.

The Luxembourg-based Court of Justice announced on September 17 that it had upheld a judgment by a lower EU court dismissing an action against the sanctions slapped on companies that are part of state oil giant Rosneft, saying the measures “have been duly justified and are suitable for putting pressure on Russia because of its role” in the Ukraine crisis.

Beginning in July 2014, the European Council adopted restrictive measures on the Russian bank and energy sectors in Russia in response to its annexation of the Crimean Peninsula and its support for separatists fighting in eastern Ukraine.

Those measures include prohibitions on the export of certain products and technologies to the oil and gas sector and restrictions on the access of certain operators in that sector to the EU capital market.

A number of Russian companies that are part of Rosneft had brought the action before the General Court and asked for the annulment of the measures.

The General Court dismissed that action in September 2018, prompting the companies to appeal further to the Court of Justice.

The September 17 ruling noted that the court “dismisses the companies’ appeal in its entirety.”

Print
Print Share Comment Cite Upload Translate Updates

Leave a Reply

APA

Radio Free | Radio Free (2020-09-17T09:49:34+00:00) Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'. Retrieved from https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/

MLA
" » Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'." Radio Free | Radio Free - Thursday September 17, 2020, https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/
HARVARD
Radio Free | Radio Free Thursday September 17, 2020 » Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'., viewed ,<https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/>
VANCOUVER
Radio Free | Radio Free - » Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'. [Internet]. [Accessed ]. Available from: https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/
CHICAGO
" » Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'." Radio Free | Radio Free - Accessed . https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/
IEEE
" » Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified'." Radio Free | Radio Free [Online]. Available: https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/. [Accessed: ]
rf:citation
» Top EU Court Upholds Sanctions On Russian Energy Firms, Calls Them 'Duly Justified' | Radio Free | Radio Free | https://www.radiofree.org/2020/09/17/top-eu-court-upholds-sanctions-on-russian-energy-firms-calls-them-duly-justified/ |

Please log in to upload a file.




There are no updates yet.
Click the Upload button above to add an update.

You must be logged in to translate posts. Please log in or register.