Key facts
- EU leaders agreed to renew sanctions against Russia for another 12 months.
- The decision was made at a summit in Brussels.
- This is the first time the sanctions have been renewed for a year.
- Previously, sanctions were rolled over every six months.
- The sanctions target specific sectors of the Russian economy.
European Union leaders have agreed to extend sanctions against Russia for an additional 12 months, a decision made during a summit in Brussels. This marks a significant shift, as the sanctions, which target specific sectors of the Russian economy in response to the war in Ukraine, have historically been renewed every six months. The current measures aim to limit Russia's ability to finance the conflict and acquire critical technologies.