This time this will be about economic oriented sanctions. It will be a limit on Russia’s access to European capital markets and a halt in trade in arms and dual-use and sensitive technologies. As was specified, the Western nations are demanding Russia to halt the alleged supply of arms to Ukrainian separatists and other actions that destabilize the situation in eastern Ukraine. The European leaders clearly expressed that Kremlin repeatedly ignored their demands to calm the situation in Ukraine. The economic sanctions are due to take effect this week and will be reviewed after three months. The UK will push for even harsher sanctions against Russia than the ones agreed by the EU. The White House welcomed the introduction of sectoral sanctions in Europe, preparing their own. “Today, Russia is once again isolating itself from the international community, setting back decades of genuine progress,” the American President said.
