Announcement
03 Jun 2022
In June 2022, the European Union adopted new trade, financial and sectoral sanctions against Russia in the context of its invasion of Ukraine. The measure includes an import ban on Russian oil, the exclusion of 3 more Russian banks from the SWIFT payment system, and the suspension of broadcasting activities of 3 more Russian agencies.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Jun 2022
Revocation date:
No revocation date
Updated: 03 Jun 2022
Controls on commercial transactions and investment instruments
In force
<p>On 3 June 2022, the European Union adopted Council Regulation (EU) 2022/879 prohibiting the provision of specialised financial messaging services used to exchange financial data to t...
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Implementation date
04 Jun 2022
Revocation date:
No revocation date
Updated: 03 Jun 2022
Export ban
In force
On 3 June 2022, the European Union adopted Council Regulation (EU) 2022/879 prohibiting the export, selling, supplying, or transferring of certain goods and services to Russia. In particular, ...
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Updated: 03 Jun 2022
Import ban
In force
On 3 June 2022, the European Union adopted Council Regulation (EU) 2022/879 prohibiting the import of Russian oil and suspending the broadcasting activities of 3 new Russian state-owned m...
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Related State Acts
20 Jun 2025
EU: Increased customs duties applicable to certain agricultural and fertiliser imports from Russia and Belarus
17 Jun 2025
EU: Legislative proposal for phasing out Russian natural gas imports starting in 2026
23 Jun 2023
EU: 11th sanctions package against Russia includes extended export bans and targets firms in third-countries
16 Dec 2022
EU: New sanctions package includes extended export and import bans, an investment prohibition on Russian mining projects, and other economic sanctions
29 Jun 2022
Switzerland: Introduction of June 2022 trade restrictions and financial sanctions towards Russia
10 Jun 2022
Switzerland: Inclusion of new Russian entities on to frozen fund list and prohibition of financial services
03 Jun 2022
EU: Inclusion of 18 new Russian entities in the frozen fund list
03 Jun 2022
EU: Inclusion of 8 new Belarusian entities on the frozen fund list
03 Jun 2022
EU: Exclusion of the Belarusian Bank for Development and Reconstruction from the SWIFT payment system
02 Mar 2022
EU: Suspension of broadcasting activities of Russian state-owned Sputnik and RT
25 Feb 2022
EU: Export ban on dual-use, oil refining and aviation goods and technology to Russia
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