Global Trade Alert
Global Trade Alert

EU: 14th sanctions package against Russia includes extended import and export bans and establishes vessel-specific sanctions

Announcement

24 Jun 2024

In June 2024, the EU adopted additional sanctions in the context of the Russian invasion of Ukraine. The package includes extended export and import bans, financial and sectoral sanctions.

 

Source

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Number of interventions

11

10 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jun 2024

Revocation date:

No revocation date

Updated: 24 Jun 2024
Import ban In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 prohibiting the import of Ukrainian cultural property goods if there "are reasonable grounds to suspect that the g...

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Updated: 24 Jun 2024
Export ban In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 prohibiting the export of Ukrainian cultural property goods if there "are reasonable grounds to suspect that the g...

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Updated: 24 Jun 2024
Foreign customer limit In force

Update

On 23 October 2025, the European Union published Council Regulation (EU) 2025/2033, re-allowing port access to Audax and Pugnax (see related state act).

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Updated: 24 Jun 2024
Intellectual property protection In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 forbidding intellectual property offices in the EU from accepting applications filed by Russians, people livi...

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Updated: 24 Jun 2024
Controls on commercial transactions and investment instruments In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 forbidding organisations to "directly connect to the System for Transfer of Financial Messages (SPFS) of the ...

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Updated: 24 Jun 2024
Import ban In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 extending the list of products subject to an import ban if they are imported or originated in Russia. The measure ...

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Updated: 24 Jun 2024
Export ban In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 extending the list of products subject to an export ban to Russia. The measure forms part of the new round of sanc...

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Updated: 24 Jun 2024
Instrument unclear In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 prohibiting undertakings from "reloading services in the territory of the Union for the purposes of transship...

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Updated: 24 Jun 2024
FDI: Treatment and operations, nes In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 prohibiting undertakings owned for at least 25% by Russian natural or legal persons to "transport goods by road wi...

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Updated: 24 Jun 2024
FDI: Entry and ownership rule In force

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 prohibiting undertakings owned for at least 25% by Russian natural or legal persons to "be admitted to become a ro...

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Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 24 Jun 2024
Controls on commercial transactions and investment instruments

On 24 June 2024, the European Union adopted Council Regulation (EU) 2024/1745 setting the framework that forbids EU operators to engage in any transaction with certain entities related to Russ...

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