31 Jul '14, 11pm

EU Arms Embargo Against Russia Begins Aug. 1

BRUSSELS — The European Union’s embargo on the import and export of arms and related material with Russia, which covers all items on the EU’s common military list, will come into force Friday. “Exports of dual use goods and technology for military use in Russia or to Russian military end users will also be prohibited, with all items on the EU list of dual use goods included,” said an EU press release. “The measures will apply to new contracts,” it adds. The EU law, which was agreed by EU ambassadors on Tuesday, was published in the EU’s Official Journal Thursday. It is EU Regulation No 833/2014 concerning restrictive measures in view of Russia’s actions destabilizing the situation in Ukraine. Article 2 provides for a ban “to sell, supply, transfer or export, directly or indirectly, dual-use goods and technology, whether or not originating in the Union, to any natural or le...

Full article: http://www.defensenews.com/article/20140731/DEFREG01/3073...

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