EU considers tightening ban on energy, tourism in Crimea


BRUSSELS (Reuters) - The European Union is considering widening its ban on investment in Crimea to include barring the sale of technology used for oil and gas exploration and stopping EU firms running tourist businesses there, according to a draft document seen by Reuters.

The proposals, being worked on by EU officials, would also ban EU citizens from buying or financing companies in Crimea, a region of Ukraine which was annexed by Russia in March.

The EU, which does not recognise the annexation, has previously banned the import of goods from Crimea and barred new investment in infrastructure projects in the transport, telecommunications and energy sectors and investing in oil and gas ventures.

(Reporting by Robin Emmott; editing by Adrian Croft)

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read