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Global Trade Alert

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EU: 11th sanctions package against Russia includes extended export bans and targets firms in third-countries

Description

On 23 June 2023, the European Union adopted Council Regulation (EU) 2023/1214 establishing a new "anti-circumvention tool" that allows for an export ban to third countries "whose jurisdictions are con...

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Intervention Details

Intervention Type

Export ban

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

No implementation date

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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Table

Affected Sectors

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Affected Products

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