Announcement
07 Mar 2022
On 7 March 2022, the Republic of Korea announced additional sanctions on Russia in response to the Ukrainian crisis.
Source
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
12 Mar 2022
Revocation date:
No revocation date
Controls on commercial transactions and investment instruments
In force
On 12 March 2022, the South Korean Ministry of Economy and Finance (MOEF) implemented financial sanctions against six Russian commercial banks from the SWIFT paying system. More specifically, the inst...
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Implementation date
08 Mar 2022
Revocation date:
No revocation date
Controls on commercial transactions and investment instruments
In force
On 8 March 2022, the South Korean Ministry of Economy and Finance (MOEF) announced additional financial sanctions against four Russian financial institutions, namely Russia’s Central Bank, National We...
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