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Cypriot MPs decide to lift sanction against Russia

The parliament in Cyprus has adopted a resolution, urging the government to help pave the way for the removal of EU sanctions on Russia.
Cypriot MPs decide to lift sanction against Russia

The resolution drafted by members of the Progressive Party of Working People (AKEL) was supported by 33 MPs out of 54, with 17 abstentions on Thursday. No one voted against the resolution, Press TV reports.

The document said the anti-Moscow embargoes “have negatively affected trade and economic relations between Cyprus and Russia during a period of continuing economic crisis.”

Referring to the ongoing standoff between Russia and the West over the deadly conflict in Ukraine, the resolution said EU sanctions had proven “counterproductive and in no way helped to resolve the crisis in Ukraine.”

The lawmakers also called for the implementation of Minsk peace deal reached last year between Kyiv and the pro-Moscow forces operating in eastern Ukraine.

On July 1, the EU formally extended anti-Russia sanctions by six months until the end of January 2017.