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Global Trade Alert

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EU: Adoption of a price cap mechanism for Russian crude oil and petroleum products, as well as additional trade sanctions

Description

On 6 October 2022, the EU adopted Council Regulation (EU) 2022/1904 prohibiting the import of iron and steel products that, even if processed in a different country, incorporate these inputs from Russ...

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Intervention Details

Intervention Type

Import-related non-tariff measure, nes

MAST Chapter

Instrument unclear

Implementation date

07 Oct 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Inward

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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