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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 reducing the temporary import quota for steel products enclosed under CN 7207.11 originating from Russia. In particular, the quota w...

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Intervention Details

Intervention Type

Import quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 Oct 2023

Revocation date

31 Dec 2023

Implementation level

Supranational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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