Tabling of a resolution with regards the lifting of EU sanctions against the Russian Federation
7th of June, 2016
The Parliamentary Group of AKEL-Left-New Forces has tabled a draft resolution in the House of Representatives aiming at the lifting of the EU sanctions against the Russian Federation.
The sanctions imposed by the European Union against the Russian Federation have proved counterproductive and in no way have they contributed towards the solution of the crisis in Ukraine. On the contrary, they have brought wider negative political and economic consequences both for Russia and the EU Member states.
The sanctions have led to a regression in the overall situation in the European continent. They are simultaneously raising obstacles to the broader political cooperation that should govern the relations between Russia and EU Member States.
Undoubtedly, the imposition of EU sanctions against Russia have provoked serious damage to various areas related to economic and trade relations between Cyprus and Russia. The sectors of tourism, the provision of financial and professional services and commercial shipping have mainly been affected in this period of economic crisis too.
According to the draft resolution tabled by the Parliamentary Group of AKEL-Left-New Forces, which is attached, the Cyprus government and the House of Representatives are called upon to take political initiatives aimed at lifting these sanctions and the normalization of EU-Russia relations.
The resolution will be voted on next Thursday, 7th July.
