Sanctions against Russia over Ukraine - Commons Library Standard Note

04 Aug 2014 12:00 am by Mark Dunn

An overview of the contents of the sanctions against Russia over Ukraine

  • The downing of the Malaysian Airlines flight increased tensions
  • The EU announced broad economic sanctions against Russia on 29 July 2014 including restrictions on some state-controlled Russian banks’ ability to borrow money in EU financial markets and an arms embargo
  • A ban on the export of technology to do with the extraction of oil from deep sea, Arctic and shale deposits was also announced
  • The US increased the range of its sanctions on the same day
  • Reaction in the UK press has been mixed