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    Relations between Russia and the EU have deteriorated with the escalation of the Ukrainian crisis, as western governments imposed economic sanctions on Russia, accusing Moscow of aiding independence supporters in eastern regions of the country.

    New EU Sanctions on Russia Come Into Force

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    The European Union announced in its Official Journal Friday it was imposing a new round of sanctions on Russia, including those targeting the country’s major defense and energy companies.

    MOSCOW, September 12 (RIA Novosti) - The European Union announced in its Official Journal Friday it was imposing a new round of sanctions on Russia, including those targeting the country’s major defense and energy companies.

    The EU barred three major Russian oil companies (Rosneft, Transneft, GazpromNeft) and three major defense companies (Oboronprom, United Aircraft Corporation and Uralvagonzavod) from seeking finance on European capital markets.

    The union also banned sales of dual-technology equipment to nine Russian defense companies, including the Kalashnikov Concern, Russia’s largest producer of automatic and sniper combat arms.

    EU individuals and companies are prohibited to purchase, sell, or provide investment services for these companies or assist in the issuance of, or otherwise deal with "transferable securities and money-market instruments with a maturity exceeding 30 days, issued after September 12."

    Among the companies included in the full list of natural or legal persons, entities or bodies (Official Journal of the European Union) are:

    JSC Sirius (optoelectronics for civil and military purposes);

    OJSC Stankoinstrument (mechanical engineering for civil and military purposes);

    OAO JSC Chemcomposite (materials for civil and military purposes);

    JSC Kalashnikov (small arms);

    JSC Tula Arms Plant (weapons systems);

    NPK Technologii Maschinostrojenija (ammunition);

    OAO Wysokototschnye Kompleksi (anti-aircraft and anti-tank systems);

    OAO Almaz Antey (state-owned enterprise; arms, ammunition, research);

    OAO NPO Bazalt (state-owned enterprise, production of machinery for the production of arms and ammunition);

    List of persons, entities and bodies referred to in Article 5(2)(a);

    OPK OBORONPROM;

    UNITED AIRCRAFT CORPORATION;

    URALVAGONZAVOD;

    List of persons, entities and bodies referred to in Article 5(2)(b);

    ROSNEFT;

    TRANSNEFT;

    GAZPROM NEFT.

    EU travel bans and asset freezes were imposed on 24 more people, including senior Russian lawmakers and the leadership of the self-proclaimed Donetsk People's Republic .

    A total of 24 people, including senior Russian lawmakers and the leadership of the self-proclaimed Donetsk People’s Republic, were added to the list of individuals facing EU travel bans and asset freezes.

    Russian lawmakers on the sanctions list include Vladimir Zhirinovsky, an outspoken leader of the ultra-nationalist Liberal Democratic Party (LDPR), Igor Lebedev, deputy speaker of the Russian State Duma, and Svetlana Zhurova, first deputy chairman of the State Duma foreign affairs committee.

    Alexander Zakharchenko, who replaced Alexander Boroday last month as the prime minister of the self-proclaimed Donetsk People's Republic, has been also targeted by the sanctions.

    The full list of persons includes:

    Alexander Zakharchenko - Prime Minister of the self-proclaimed Donetsk People's Republic;

    Vladimir Kononov -  Defense Minister of the self-proclaimed Donetsk People's Republic;

    Miroslav Rudenko - Commander of the Donbas People's Militia;

    Gennadiy Tstypkalov - Prime Minister of the self-proclaimed Lugansk People's Republic;

    Andrey Pinchuk - State security minister of the self-proclaimed Donetsk People's Republic;

    Oleg Bereza - Internal affairs minister of the self-proclaimed Donetsk People's Republic;

    Andrei Rodrin - representative of the self-proclaimed Donetsk People's Republic;

    Aleksandr Karaman - Deputy Prime Minister for Social Issues of the self-proclaimed Donetsk People's Republic;

    Georgiy Muradov - Deputy Prime Minister of Crimea;

    Mikhail Sheremet - First Deputy Prime Minister of Crimea;

    Yuri Vorobiov - Deputy Speaker of the Federation Council of Russia;

    Vladimir Zhirinovsky - member of the State Duma;

    Vladimir Vasilyev - Deputy Speaker of the State Duma;

    Viktor Vodolatsky - Chairman of the Union of the Russian and Foreign Cossack Forces;

    Leonid Kalashnikov - First Deputy Chairman of the Committee on Foreign Affairs of the State Duma;

    Vladimir Nikitin - First Deputy Chairman of the Committee on Relations with CIS Countries;

    Oleg Lebedev - First Deputy Chairman of the Committee on Relations with CIS Countries;

    Ivan Melnikov - First Deputy Speaker of the State Duma;

    Igor Lebedev - Deputy Speaker of the State Duma;

    Nikolai Levichev - Deputy Speaker of the State Duma;

    Svetlana Zhurova - First Deputy Chairman of the Committee on Foreign Affairs of the State Duma;

    Aleksey Naumets - Major-general of the Russian Army;

    Sergey Chemezov - general director of the Russia state-own company Rostec;

    Alexander Babakov - Chair of the State Duma Commission on Legislative Provisions for Development of the Military-Industrial Complex of Russia.

    This brings the total number of individuals subject to sanctions to 119. A total of 23 entities remain under an asset freeze in the European Union.

    Russian president's spokesman Dmitry Peskov said Thursday Moscow regrets the EU decision to impose a new round of sanctions against Russia over Ukraine and views them as illegitimate.

    Tags:
    economy, sanctions, business, political crisis, Gazprom Neft, Transneft, European Union
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