Announcement
28 Feb 2022
On 28 February 2022, the Republic of Korea imposed sanctions on Russia in response to the Ukrainian crisis.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
01 Mar 2022
Revocation date:
No revocation date
Controls on commercial transactions and investment instruments
In force
On 1 March 2022, the South Korean Ministry of Economy and Finance (MOEF) announced financial sanctions against seven Russian financial institutions, namely Sberbank, Corporation Bank for Development a...
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Implementation date
28 Feb 2022
Revocation date:
No revocation date
Export ban
In force
On 28 February 2022, the South Korean Ministry of Economy and Finance (MOEF) implemented export bans on 'strategic goods' to Russia. Strategic goods are any goods, software, or technology that can be ...
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Related State Acts
21 Feb 2022
United States of America: Prohibition of certain transactions in response to Russian violation of Ukraine’s sovereignty and territorial integrity
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