Global Trade Alert
Global Trade Alert

EU: New import, export, and public procurement bans relating to Russia

Announcement

08 Apr 2022

In April 2022, the EU adopted several trade, financial and public procurement sanctions against Russia in the context of the attack on Ukraine and the recent developments in the city of Bucha.

Source

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Number of interventions

6

5 certainly harmful

0 likely harmful

1 liberalising

List of interventions

6 in force

Implementation date

09 Apr 2022

Revocation date:

No revocation date

Export ban In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 prohibiting the export, directly or indirectly, of additional goods to Russia or for use in Russia. The measure comes in th...

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Instrument unclear In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 prohibiting Russian vessels and road transport undertakings from accessing the EU territory. The measure comes in the conte...

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Import ban In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 prohibiting the import of certain products from Russia. The measure comes in the context of the ongoing Russian attack on U...

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Controls on commercial transactions and investment instruments In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 prohibiting the supply and export of banknotes denominated in any official EU currency to Russia. The measure expands the o...

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Public procurement access In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 prohibiting the award as well as the continuation of any public procurement contracts with Russian nationals, legal persona...

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Implementation date

09 Apr 2022

Revocation date:

No revocation date

Export ban In force

On 8 April 2022, the European Union adopted Council Regulation (EU) 2022/576 removing two products from the list of goods and technology suited for use in oil refining banned from exports to Russia in...

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Related State Acts

25 Feb 2022

EU: Prohibition to provide financial services to 76 Russian entities

25 Feb 2022

EU: Export ban on dual-use, oil refining and aviation goods and technology to Russia

28 Feb 2022

EU: Russian carriers banned from EU airspace

28 Feb 2022

EU: Russian insurance company SOGAZ added to the frozen funds list

28 Feb 2022

EU: Financial entities forbidden from processing transactions of the Russian Central Bank

23 Feb 2022

EU: Prohibition to provide financial services to the Russian government and Central Bank

02 Mar 2022

EU: Additional financial sanctions on Russia, including the exclusion of 7 banks from the SWIFT paying system

02 Mar 2022

EU: Suspension of broadcasting activities of Russian state-owned Sputnik and RT

02 Mar 2022

EU: Further trade restrictions on Belarus includes export and import bans on several products

09 Mar 2022

EU: Export ban on certain maritime technologies to Russia

09 Mar 2022

EU: Additional financial sanctions on Belarus, including on its Central Bank and the exclusion of 3 banks from SWIFT

11 Mar 2022

EU: Revocation of Most-Favoured-Nation status for Russia following their attack on Ukraine

15 Mar 2022

EU: Inclusion of 9 Russian companies into the frozen fund list

15 Mar 2022

EU: Further trade restrictions with Russia on steel and iron products, luxury goods and other financial sanctions

08 Apr 2022

EU: Prohibition on supplying banknotes to Belarus and from using the country's road transport operators

08 Apr 2022

EU: Commission adds 4 Russian banks and 14 other companies to the frozen funds list

14 Apr 2022

Poland: Government extends coal import ban to Belarus

27 Apr 2022

Switzerland: Further trade restrictions on Russia and Belarus

03 Jun 2022

EU: Inclusion of 18 new Russian entities in the frozen fund list

31 Aug 2022

Switzerland: Restriction of access to public procurement contracts for Russian individuals and entities

23 Jun 2023

EU: 11th sanctions package against Russia includes extended export bans and targets firms in third-countries

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