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Global Trade Alert

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Russia: Authorisation to settle debts to companies from "unfriendly" countries in the transport sphere in rubles

Description

On 1 April 2022, the President of Russia issued Decree No. 179, mandating the settlement of Russian residents' financial liabilities towards air transportation-related companies from the "unfriendly" ...

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Intervention Details

Intervention Type

Trade payment measure

MAST Chapter

G: Finance measures

Implementation date

01 Apr 2022

Revocation date

No revocation date

Implementation level

National

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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