Peskov did not see the prospects for normalizing relations with the EU due to sanctions

Dmitry Peskov

The extension of the EU economic sectoral sanctions against Russia does not open up new prospects in relations between Moscow and the European Union. This was stated by the press secretary of the President of Russia Dmitry Peskov, RBC correspondent reports.

“The decision was made to extend the sanctions, there is nothing new here. While we have to work in difficult conditions. Of course, such decisions in no way open up new prospects for the normalization of relations between Moscow and Brussels,” the Kremlin spokesman said.

Earlier, the EU for six months - until January 31, 2022 - extended sectoral sanctions against Russia. They were introduced in July 2014 in response to the situation in Ukraine and were later tightened.

EU extended sectoral sanctions against Russia Economics

The sanctions restrict access to the primary and secondary EU capital markets for some Russian banks and companies, and also prohibit financial assistance to Russian financial institutions. The measures also prohibit the import, export or transfer of defense materials and restrict Russia's access to certain technologies that could be used in the Russian energy sector, in particular in oil production and exploration .

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