Global Trade Alert
Global Trade Alert

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EU: New sanctions package targeting Russia includes diamond import ban and other trade and economic measures

Description

On 18 December 2023, the EU adopted Council Regulation (EU) 2023/2878 establishing temporary import quotas for certain steel products originating from Russia starting on 19 December 2023. As before th...

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Intervention Details

Intervention Type

Import quota

MAST Chapter

E: Non-automatic licensing, quotas etc.

Implementation date

19 Dec 2023

Revocation date

31 Dec 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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