Rules for removing

The Russian economy carries losses from Western sanctions, which are "measured by significant numbers." This was stated by Prime Minister Dmitry Medvedev, Interfax reports .

“We are able to develop and act in such conditions,” the prime minister emphasized.

At the same time, Medvedev said that the initiators of the sanctions themselves suffer losses. "Everyone I talked to is exactly believed that these sanctions are damaged by economic relations. According to international experts, recently those countries that have imposed sanctions have lost about $ 100 billion," the head of government said.

Medvedev again recalled the Russian position regarding sanctions. "We did not impose these sanctions, so we do not ask any countries to remove them. Let in the European capitals are determined by what to do in the future," he said.

“Unfortunately, we do not see oncoming movements yet, on the contrary, decisions have been made in recently in order to prolong these sanctions to the future,” the prime minister continued. “It is obvious that the sanctions are out of the same, but in such a practical way we have not discussed it. Let them decide when to eliminate sanctions.”

On July 1, the EU Council approved the decision agreed by the Committee of Permanent Representatives of the EU countries to extend economic restrictive measures in relation to Russia for six months, until January 31, 2017.

“Having giving an assessment of the implementation of the Minsk agreements, the Council decided to extend the sanctions for a new period of six months until January 31, 2017,” the published communique said. “This decision was made according to the written procedure and unanimously, as required by the rule applied to all decisions on the extension of restrictive measures.”

The sectoral sanctions of the European Union, adopted due to aggression of Russia in Ukraine, came into force on August 1, 2014 . They were introduced for a period of 1 year. Restrictive measures affected the banking and oil sector, the defense and industrial complex, dual-use products and technology. In particular, a ban on the supply of equipment for the oil industry, on technological cooperation with Russia in the development of Arctic shelf and shale deposits was introduced. The EU also introduced the embargo for weapons with Russia and the export of dual -purpose technologies.

The validity of the sanctions has been extended several times. On June 21, the Committee of Permanent Representatives of the EU countries (Coreper) at a meeting in Brussels agreed on the extension of six months of economic restrictive measures in relation to Russia.