Danyluk: the EBRD has extended sanctions against Russia

The Board of governors of the European Bank for reconstruction and development (EBRD) supported the extension of restrictions on the financing of projects in Russia. About this in Facebook wrote the Minister of Finance of Ukraine Alexander danyluk.

He noted that Russia was trying to achieve the abolition of the restrictions which were imposed on it in 2014. According to him, the main argument of the Russian Governor for the meeting of the Council was that these limitations are detrimental to the development of the private sector of the Russian economy and the supposedly negative influence on the results of the Bank.

“In turn, in my speech I noted that the situation where one shareholder, the EBRD carries out military aggression against another shareholder, is a gross violation of international law and is unacceptable. In addition, military and economic aggression of Russia against Ukraine is harmful not only to Ukraine but also of Russia, including the private sector, which is so “worried” the representative of the Russian Federation. I also stressed the need to continue the restrictive measures against the Bank of Russia”, – wrote danyluk.

The Minister stressed that the meeting absolute majority of the shareholders supported the extension of restrictions on EBRD projects in Russia.

As reported, the EBRD is ready to allocate 250 million euros to expand the capacity of a single railway lineconnecting the city of Mariupol with the rest of Ukraine.