EU SANCTIONS
Compliance initiative on Russia (work in progress)
EU Russia Sanctions
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)