Global Trade Alert
Global Trade Alert

EU: New companies headquartered in Russia and Crimea added to the frozen fund list

Announcement

18 Dec 2023

In December 2023, the EU extended sanctions against Russian companies in the context of the 12th sanctions package related to the Russian invasion of Ukraine.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

18 Dec 2023

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 18 December 2023, the EU adopted Council Implementing Regulation (EU) 2023/2875 adding 71 companies headquartered in Russia to the list of entities whose funds and economic resources will be frozen...

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Controls on commercial transactions and investment instruments In force

On 18 December 2023, the EU adopted Council Implementing Regulation (EU) 2023/2875 adding three telecommunication companies headquartered in Crimea to the list of entities whose funds and economic res...

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