Global Trade Alert
Global Trade Alert

EU: Inclusion of 30 new Russian companies and one UAE-based in the frozen fund list

Announcement

25 Feb 2023

In February 2023, the EU extended additional sanctions against Russia in the context of its invasion of Ukraine. The package includes a series of capital control and financial restrictions on 30 Russian entities and one Dubai-based one. 

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

25 Feb 2023

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 25 February 2023, the EU adopted Council Implementing Regulation (EU) 2023/429 adding 30 Russian companies to the list of entities whose funds and economic resources will be frozen within the EU. T...

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Controls on commercial transactions and investment instruments In force

On 25 February 2023, the EU adopted Council Implementing Regulation (EU) 2023/429 adding one Dubai-based company, SUN Ship Management Ltd., to the list of entities whose funds and economic resources w...

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