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Global Trade Alert

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EU: New sanctions package targetting Russia includes export ban on additional dual-use products and import bans on additional petroleum products, asphalt and synthetic rubber

Description

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 establishing a temporary import quota for carbon and synthetic rubber classified under CN codes 2803 and 4002 originating from Russ...

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Intervention Details

Intervention Type

Import quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

26 Feb 2023

Revocation date

30 Jun 2024

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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