EU SANCTIONS

Compliance initiative on Russia (work in progress)

EU Russia Sanctions

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Updated  03/06/2022

Sanctions against sectors of the Russian Economy in place until 31/07/2022

  • finance
  • energy
  • transport
  • technology
  • defence
  • trade

Compliance Focus:

  • Dual-Use Items / technologies
  • Iron, steel and luxury goods
  • End User (listed)
  • End Use ( prohibited)
  • Enhanced Due Diligence on goods, technologies and counterparts

Renewed: every 6 months based on an assessment of the Minsk agreements implementation

The Minsk agreements are a roadmap for ending the war in eastern Ukraine. They were never fully implemented.

Finance and trade measures target also to Belarus.

Sanctions against individuals and entities

Target 1158 people 98 entities responsible for undermining Ukraine’s territorial integrity, sovereignty and independence

Individuals targeted include 22 Belarusians, Russia's President Vladimir Putin and Minister for Foreign Affairs Sergey Lavrov.

The sanctions include an asset freeze and travel restrictions.

  • Assets of those sanctioned in the EU are frozen
  • No funds should be made available to people sanctioned
  • Sanctioned individuals cannot travel to the EU

In place until: 15/09/2022

Renewed: every 6 months

Restrictions on business in non-government controlled areas of Donetsk and Luhansk

  • Import ban on goods from the territory
  • Export ban on certain goods and technologies
  • Ban on tourism services

In place until: 24/02/2023

Renewed: every 12 months

Restrictions on business in Crimea and Sevastopol

  • Import ban on goods from the territory
  • Export ban on certain goods and technologies
  • Ban on tourism services

In place until: 23/06/2022

Renewed: every 12 months

Diplomatic measures

  • Regular EU-Russia summits are suspended
  • Russia is no longer invited to G8 meetings
  • Diplomats and business people can no longer benefit from visa facilitation provisions

Restrictions on media

Suspension of the broadcasting activities in the EU of the Russian state-owned outlets:

  • Sputnik
  • Russia Today
  • RTR Planeta
  • Russia 24
  • TV Centre International

Restriction on economic cooperation

No new lending to Russia by the:

  • European Investment Bank (EIB)
  • European Bank for Reconstruction and Development (EBRD)

LINKS TO:

Frequently Asked Questions 833/2014 modified by 2022/328

on export-related restrictions pursuant to Articles 2, 2a and 2b of Council Regulation No 833/2014 concerning restrictive measures in view of Russia's actions destabilising the situation in Ukraine (hereinafter: the ‘Sanctions Regulation’), as amended by Council Regulation (EU) 2022/328 of 25 February 2022.

FAQs Courtesy Translations are available in several languages.
Click the language FLAG

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Information

This is the EIFEC Global site.

We are the Export Compliance international standard-setting body and has the multidisciplinary knowledge and competence that allows to define and develop, by innovation, Standards, guidelines and certification mechanisms for emergency situations or critical areas of any nature.

The main areas covered are the threat of nuclear, biological and chemical armaments proliferation, sanctions, AML, Health Emergency Risk in epidemic context.

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