The European Union extended Crimea sanctions by 12 months

The European Union on Thursday suspended yet another stringent sanctions imposed by Russia for the 2014 Crimea declaration from Ukraine.

These measures limit certain exports and imports from Crimea and limit EU companies' investment and tourism services in the strategic Black Sea peninsula.

"The Council today decided to restore the sanctions initiated by the Russian Federation by June 2021 in response to the illegal destruction of Crimea and Sevastopol," EU member states said in a statement.

"The European Union still does not recognize the illegal connection of Crimea and Sevastopol with the Russian Federation and continues to condemn the violation of international law."

The European Union has imposed sanctions on Russia's role in the Ukraine conflict, which has risen since 2014 and claimed more than 13,000 lives.

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