Home > News > World
Wednesday March 19, 2014 MYT 1:25:02 PM
Wednesday March 19, 2014 MYT 1:26:06 PM
TOKYO (Reuters) - Expanding sanctions over Russia's moves to annex Crimea would only make the situation worse, the head of state oil major Rosneft said at an event in Tokyo on Wednesday.
Moscow's seizure of Crimea has caused the most serious East-West crisis since the end of the Cold War. The United States and the EU have imposed sanctions on a handful of officials from Russia and Ukraine accused of involvement in the action.
Russian President Vladimir Putin signed a treaty in Moscow on Tuesday making Crimea part of Russia again, despite Ukrainian protests and the Western sanctions.
"Looking into expanding sanctions is something that will only make the conflict worse," said Chief Executive Officer Igor Sechin, a long-standing ally of Putin, during a panel discussion at a forum for investment between Japan and Russia.
"It doesn't help solve the problem and is unproductive."
The United States imposed visa bans and asset freezes on 11 Russians and Ukrainians on Monday, including four Russian lawmakers. The EU imposed the same punishments on 21 people.
Russian forces took control of the Black Sea peninsula in late February following the toppling of Moscow-backed Ukrainian President Viktor Yanukovich by protests provoked by his decision to spurn a trade deal with the European Union last November and seek closer ties with Russia.
People in Crimea voted overwhelmingly in last weekend's referendum to join Russia.
(Reporting by James Topham, Chris Meyers, Tomasz Janowski)
Russia says surprised by Dutch call for Moscow to cooperate fully over MH17 - Interfax
Russia says Dutch investigation into MH17 crash 'biased' - report
Islamic State is prime suspect in Turkey bombing, as protests erupt
Cameron to press Saudi Arabia over Briton facing 350 lashes
Yemeni port says first ship in weeks arrives, Saudi denies hampering aid by sea
Britain and China to hail 'golden' ties during Xi visit
Revving it up in Rawang
Stamping his creativity
Police arrest couple, seize drugs in vehicle after dramatic pursuit
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)