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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 establishing an import ban for steel products enclosed under CN 7207.11 originating from Russia. The measure will enter into force o...

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Intervention Details

Intervention Type

Import ban

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

01 Apr 2024

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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