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Global Trade Alert

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EU: Inclusion of 30 new Russian companies and one UAE-based in the frozen fund list

Description

On 25 February 2023, the EU adopted Council Implementing Regulation (EU) 2023/429 adding one Dubai-based company, SUN Ship Management Ltd., to the list of entities whose funds and economic resources w...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

25 Feb 2023

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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