Monday, December 21, 2015

EUROPEAN UNION COUNTRIES HAVE FURTHER EXTENDED THE SANCTION AGAINST RUSSIA FOR ANOTHER SIX MONTHS PERIOD, INSPITE OF HUGE FINANCIAL LOSES THAT HAS BEEN INFLICTED ON BOTH SIDES.


      European Union Members of Parliament have unanimously voted with overwhelming majority support of twenty eight European Union Countries delegates for the extension of the sanction against Russia for another six months period, Inspite of sustained financial loses in both Russia and the Eurozone countries that has been generally estimated to have exceeded the sum of over a hundred billion dollars in annual financial loses that has been so far inflicted on various European countries economies, due to continued sanction against Russia. European Union countries justified their decision for the extension of the sanction against Russia in the latest Parliamentary debate held in the European Union Parliament in Brussels with the overwhelming Parliamentary votes that have been casted for the decision of the extension of the European Union countries and USA sanction against Russia, due to Russia's refusal, or rather defiance to the European Union countries demand for the resolution of the current conflict in Ukraine that has continued to inflict damage on human lives that have been so far lost and on property. However, new diplomatic and political approach has been required for the resolution of the conflict by immediate restatement of cease fire agreement, particularly in the East of Ukraine, Ukraine and in the Island of Krim of the Crimea Region. Besides, the requirement for faster implementation of Minsk Treaty objectives that specified cease fire agreement within the cease fire zone. Relinquishment of heavy weapons of mass destruction by both, or the many sides that have been involved in the conflict. Prisoners exchange and prisoners release between the government and the Rebel Forces have been made clear. Troops withdrawal from areas of conflict, or the border regions to the areas of conflict have been specified. The scheduled referendum that may be accepted by the sides involved in the conflict and that will determine the course of political development for national reconciliation, autonomy, or separation that will be accompanied by the European Union Finance Packages allocation have been further emphasized in Treaty.

                                           Written by Professor Godfrey Ohia.

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