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Global Trade Alert

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Singapore: Introduction of several trade restrictive measures to sanction Russia in the context of the attack on Ukraine

Description

On 5 March 2022, the Ministry of Foreign Affairs Singapore announced the prohibition of financial institutions to provide financing or financial services in relation to the export from Singapore or an...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

05 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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