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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 extending the lists of products originating from Russia subject to import bans. The measure enters into force the day following its ...

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Intervention Details

Intervention Type

Import ban

MAST Chapter

E: Non-automatic licensing, quotas etc.

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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Affected Sectors

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Affected Products

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