The European Union's Financial and Economic Affairs Council (Ecofin) has extended sanctions imposed on Russia following the reconnection of Crimea and Sevastopol to Russia until June 23, 2016.

"On June 19, 2015, the Council extended the EU restrictive measures in response to the illegal annexation of Crimea and Sevastopol until June 23, 2016," Ecofin said in a communique.

The sanctions include prohibitions on imports of products originating in Crimea and Sevastopol to the EU, investment in Crimea and Sevastopol, tourism services in Crimea and Sevastopol, and exports of certain goods and technologies to Crimea and Sevastopol from the EU, it said.

"The EU continues to condemn the illegal annexation of Crimea and Sevastopol by the Russian Federation and remains committed to fully implement[ing] its non-recognition policy," Ecofin said in its communique.