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Global Trade Alert

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EU: New sanctions package includes extended export and import bans, an investment prohibition on Russian mining projects, and other economic sanctions

Description

On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 prohibiting EU operators from acquiring any new or extending any existing participation and providing equity to any entity operati...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

17 Dec 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

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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