Announcement
31 Mar 2022
In March 2022, Russia announced that it would require “unfriendly” countries to make their payments for natural gas in roubles.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2022
Revocation date:
No revocation date
Announced: 31 Mar 2022
Trade payment measure
In force
On 31 March 2022, the Russian Federation announced that only RUB payments will be accepted for natural gas purchases by “unfriendly” countries. According to Decree N.172, buyers from “unfriendly” coun...
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Related State Acts
Announced: 21 Nov 2024
United States of America: U.S. Treasury announces sanctions to curb Russia’s use of international financial system
Announced: 08 Sep 2022
Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs
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