Announcement
05 Mar 2022
In March 2022, the government of Singapore introduced several trade restrictive measures to sanction Russia in the context of the attack on Ukraine.
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Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
05 Mar 2022
Revocation date:
No revocation date
Updated: 05 Mar 2022
Controls on credit operations
In force
On 5 March 2022, the Ministry of Foreign Affairs Singapore announced the prohibition of financial institutions to provide financing or financial services in relation to the export from Singapore or an...
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Updated: 05 Mar 2022
Controls on credit operations
In force
On 5 March 2022, the Ministry of Foreign Affairs Singapore banned financial institutions from entering into transactions or providing financial services to the following sectors in the Ukraine regions...
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Updated: 05 Mar 2022
Controls on commercial transactions and investment instruments
In force
On 5 March 2022, the Ministry of Foreign Affairs Singapore announced prohibited entities entering into transactions or establishing business relationships with the following Russian banks:
VTB Bank P...
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Updated: 05 Mar 2022
Export ban
In force
On 5 March 2022, the Ministry of Foreign Affairs Singapore banned exports of the following products to Russia:
military equipment;
electronics;
computers;
telecommunications; and
information securit...
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