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Global Trade Alert

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Russian Federation: Changes in accepted currency regarding natural gas purchases by “unfriendly” countries

Description

On 31 March 2022, the Russian Federation announced that only RUB payments will be accepted for natural gas purchases by “unfriendly” countries. According to Decree N.172, buyers from “unfriendly” coun...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

01 Apr 2022

Revocation date

No revocation date

Implementation level

National

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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