Home Europe Council of the European Union Council Decision (CFSP) 2024/2026 of 22 July 2024 amending D...
Date: 23-Jul-2024 Category: Not Applicable State: Union Government Country: Europe

Council Decision (CFSP) 2024/2026 of 22 July 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine

Issued by Council of the European Union · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • Council Decision (CFSP) 2024/2026 amends Decision 2014/512/CFSP, which concerns restrictive measures in view of Russia’s actions destabilising the situation in Ukraine.
  • The decision extends the application of the existing restrictive measures against Russia.

Key Changes

  • The application of Decision 2014/512/CFSP has been extended until 31 January 2025.
  • Article 9, paragraph 1 of Decision 2014/512/CFSP is amended to reflect the new end date.

Impact Analysis

Businesses and Individuals

  • Legal departments should update compliance programs to reflect the extended period of restrictions.

EU Member States

  • National authorities must ensure that businesses and individuals within their jurisdiction comply with the extended sanctions.

Political and Diplomatic

  • The EU maintains pressure on Russia to adhere to international law.

Key Entities Referenced

Council of the European Union: The entity adopting the decision to amend Decision 2014/512/CFSP. Decision 2014/512/CFSP: Council Decision concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine. This decision is being amended by Council Decision (CFSP) 2024/2026. Russian Federation: The target of the restrictive measures due to its actions destabilising the situation in Ukraine. Ukraine: The country in support of whose independence, sovereignty and territorial integrity the restrictive measures are imposed on Russia.
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Official Journal EN of the European Union L series 2024/2026 23.7.2024 COUNCIL DECISION (CFSP) 2024/2026 of 22 July 2024 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on European Union, and in particular Article 29 thereof, Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy, Whereas: (1) On 31 July 2014, the Council adopted Decision 2014/512/CFSP (1). (2) In its conclusions of 27 June 2024, the European Council reiterated its previous conclusions on continued support for Ukraine’s independence, sovereignty and territorial integrity within its internationally recognised borders and reconfirmed the Union’s unwavering commitment to providing continued political, financial, economic, humanitarian, military and diplomatic support to Ukraine. The European Council also strongly condemned the recent escalation of hostilities by the Russian Federation, in particular the further intensified attacks against civilians and civilian and critical infrastructure, especially in the energy sector. (3) As long as the illegal actions by the Russian Federation continue to violate fundamental rules of international law, including, in particular, the prohibition on the use of force enshrined in Article 2(4) of the Charter of the United Nations, or of international humanitarian law, it is appropriate to maintain in force all the measures imposed by the Union and to take additional measures, if necessary. Consequently, Decision 2014/512/CFSP should be renewed for a further 6 months. (4) Decision 2014/512/CFSP should therefore be amended accordingly, HAS ADOPTED THIS DECISION: Article 1 In Article 9 of Decision 2014/512/CFSP, paragraph 1 is replaced by the following: ‘1. This Decision shall apply until 31 January 2025.’. Article 2 This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union. Done at Brussels, 22 July 2024. For the Council The President J. BORRELL FONTELLES (1) Council Decision 2014/512/CFSP of 31 July 2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (OJ L 229, 31.7.2014, p. 13). ELI: http://data.europa.eu/eli/dec/2024/2026/oj 1/1

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