Announcement
16 Dec 2022
In December 2022, the EU adopted additional sanctions against Russia in the context of its invasion of Ukraine. The package includes extended import and export bans, an investment prohibition on Russian mining projects, the suspending of additional broadcasting licenses, and new entities added to the frozen fund list (see related state act). It also includes a couple of derogations to the oil and petroleum import bn of June 2022 (see related state act).
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Number of interventions
12
11 certainly harmful
0 likely harmful
1 liberalising
List of interventions
10 in force
Implementation date
01 Oct 2024
Revocation date:
No revocation date
Import ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 establishing an import ban for steel products enclosed under CN code 7224.90 originating from Russia. The measure will enter into ...
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Implementation date
01 Jan 2024
Revocation date:
No revocation date
Import quota
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 reducing the temporary import quota for steel products enclosed under CN code 7224.90 originating from Russia. Specifically, the q...
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Implementation date
17 Dec 2022
Revocation date:
No revocation date
Export ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 adding 168 Russian entities to the list of entities to which EU operators are prohibited to export dual-use technologies. Addition...
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FDI: Treatment and operations, nes
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 prohibiting EU investors from establishing joint ventures with any entity in the Russian mining sector. The regulation is issued i...
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Controls on commercial transactions and investment instruments
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 adding the Russian Regional Development Bank to the list of entities whose funds and economic resources will be frozen within the ...
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Import ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 suspending the broadcasting activities of the 4 Russian state-owned media outlets in the EU. The regulation is issued in the conte...
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FDI: Treatment and operations, nes
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 suspending the broadcasting activities of the following 4 Russian state-owned media outlets: NTV/NTV Mir, Rossiya 1, REN TV, and P...
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Import quota
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 establishing a temporary import quota for steel products enclosed under CN code 7224.90 originating from Russia. Specifically, the...
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Export ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 establishing new services export bans and extending the lists of goods subject to export bans to Russia. The regulation is issued ...
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Import ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 expanding the import ban on iron and steel products from Russia. The regulation is issued in the context of the Russian invasion o...
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Controls on commercial transactions and investment instruments
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 prohibiting EU operators from acquiring any new or extending any existing participation and providing equity to any entity operati...
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Implementation date
17 Dec 2022
Revocation date:
No revocation date
Import ban
In force
On 16 December 2022, the EU adopted Council Regulation (EU) 2022/2474 introducing new derogations applicable to the import ban on Russian petroleum products introduced in June 2022 (see related state ...
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Related State Acts
02 Mar 2022
EU: Suspension of broadcasting activities of Russian state-owned Sputnik and RT
03 Jun 2022
EU: Adoption of new trade, financial and sectoral sanctions against Russia (June 2022)
16 Dec 2022
EU: Inclusion of 29 new Russian companies in the frozen fund list
25 Jan 2023
Switzerland: Adoption of further economic sanctions against Russia, including extended export bans and an investment prohibition on Russian mining projects
25 Feb 2023
EU: New sanctions package targetting Russia includes export ban on additional dual-use products and import bans on additional petroleum products, asphalt and synthetic rubber
15 Feb 2023
Switzerland: Adoption of further economic sanctions against Russia, including price caps for Russian crude oil and petroleum products above USD 45 or USD 100 per barrel
18 Dec 2023
EU: New sanctions package targeting Russia includes diamond import ban and other trade and economic measures
17 May 2024
EU: Suspension of broadcasting activities of four Russian media outlets
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