Global Trade Alert
Global Trade Alert

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

Announcement

25 Feb 2023

In February 2023, the EU adopted additional sanctions against Russia in the context of its invasion of Ukraine. The package includes extended import and export bans, the suspending of additional broadcasting licenses, and new entities added to the frozen fund list, among others (see related state act).

Source

Sign in to access

Number of interventions

7

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2024

Revocation date:

No revocation date

Updated: 25 Feb 2023
Import ban In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 establishing an import ban for carbon and synthetic rubber classified under CN codes 2803 and 4002 originating fr...

Sign in to see more

Implementation date

26 Feb 2023

Revocation date:

No revocation date

Updated: 25 Feb 2023
Export ban In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 adding 96 Russian and Iranian entities* to the list of entities to which EU operators are pr...

Sign in to see more
Updated: 25 Feb 2023
Import ban In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 suspending the broadcasting activities of the following 2 Russian state-owned media outlets: RT Arabic and Sputni...

Sign in to see more
Updated: 25 Feb 2023
FDI: Treatment and operations, nes In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 suspending the broadcasting activities of the following 2 Russian state-owned media outlets: RT Arabic and Sputni...

Sign in to see more
Updated: 25 Feb 2023
Import ban In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 establishing an import ban for additional petroleum and asphalt products originating from Russia. The regulation is issued ...

Sign in to see more
Updated: 25 Feb 2023
Export ban In force

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 establishing new export bans on additional products if they are destined for Russia and the provision of gas storage servic...

Sign in to see more

Implementation date

26 Feb 2023

Revocation date:

30 Jun 2024

Updated: 25 Feb 2023
Import quota

On 25 February 2023, the EU adopted Council Regulation (EU) 2023/427 establishing a temporary import quota for carbon and synthetic rubber classified under CN codes 2803 and 4002 ori...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.