Global Trade Alert
Global Trade Alert

New Zealand: Prime Minister implements various sanctions on Russia as a result of Ukraine conflict

Announcement

24 Feb 2022

On 24 February 2022, the Prime Minister and Foreign Affairs Minister of New Zealand implemented several sanctions on Russia. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Feb 2022

Revocation date:

No revocation date

Clarification: 07 Aug 2026
Export ban In force

Recent update from 07 Aug 2026:

On 7 August 2026, the New Zealand Government removed export prohibitions on certain medical devices and related products previously restricted under the Russia sanctions regime (see related state a...

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Related State Acts

Announced: 07 Aug 2026

New Zealand: Sanctions against four Russia entities and removal of export ban on certain medical items

Announced: 03 May 2022

New Zealand: Government sanctions 6 additional Russian entities

Prolonged: 17 Mar 2025

New Zealand: Government releases new sanctions updates against Russia

Announced: 20 Apr 2022

New Zealand: Government sanctions additional 18 Russian banks

Announced: 18 Mar 2022

New Zealand: Government implements sanctions part of the Russia Sanctions Act 2022

Announced: 06 Mar 2022

Republic of Korea: Government imposes export controls on Belarus

Announced: 28 Feb 2022

Republic of Korea: Government imposes sanctions package on Russia in response to the Ukrainian crisis

Announced: 28 Feb 2022

United States of America: Department of Treasury prohibits transactions with the Russian Central Bank and imposes sanctions on certain Russian entities

Announced: 24 Feb 2022

United Kingdom: Government announces a set of sanctions against Russia due to Russia’s invasion of Ukraine

Announced: 24 Feb 2022

Australia: Government expands the list of financial institutions targeted by sanctions imposed in response to the crisis in Ukraine

Announced: 24 Feb 2022

United States of America: Department of Treasury announces sanctions against Russian financial sector

Announced: 24 Feb 2022

United States of America: Department of Treasury announces sanctions against Belarus following their support of Russia’s invasion of Ukraine

Announced: 23 Feb 2022

United States of America: U.S. Treasury imposes sanctions on Nord Stream 2 AG in response to Russia’s actions in Ukraine

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