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Global Trade Alert

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Australia: Government announces new sanctions against Russia in response to the crisis in the Ukraine

Description

On 23 February 2022, the Goverment of Australia announced a prohibition to carrying out business operations with six Russian banks, resulting in the freeze of assets related to these financial institu...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

23 Feb 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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