Global Trade Alert
Global Trade Alert

United Kingdom: UK government stops government-backed export finance to Russia and Belarus

Announcement

15 Mar 2022

In March 2022, the Export Finance agency of the United Kingdom (UKEF) announced that the UK will no longer provide government-backed export finance to Russia and Belarus.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

15 Mar 2022

Revocation date:

No revocation date

Announced: 15 Mar 2022
Financial assistance in foreign market In force
On 15 March 2022, the Export Finance agency of the United Kingdom (UKEF) announced that it will stop providing government-backed financing for transactions in Russia and Belarus. This includes all typ...
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Announced: 15 Mar 2022
Trade finance In force
On 15 March 2022, the Export Finance agency of the United Kingdom (UKEF) announced that the UK will no longer provide new guarantees, loans and insurance for exports to Russia and Belarus. The decisio...
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