Global Trade Alert
Global Trade Alert

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EU: Further trade restrictions with Russia on steel and iron products, luxury goods and other financial sanctions

Description

On 15 March 2022, the European Union adopted Council Regulation (EU) 2022/428 prohibiting any transactions with the provision of new loans, credit, capital injection, or other financing services to en...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

16 Mar 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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