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Global Trade Alert

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New Zealand: Sanctions against Russia targeting 13 entities, 100 vessels and lowering the oil price cap

Description

On 20 February 2025, the New Zealand Government imposed asset freezes on two entities from the Democratic People's Republic of Korea and prohibited the provision of services to them. The measure prohi...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

20 Feb 2026

Revocation date

No revocation date

Implementation level

National

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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