EU Sanctions against Russia

Fecha publicación: 6 August, 2024
Etiquetas: Russia | sanctions
Autor: Carlos Arola - CEO

The fourteenth package of sanctions against Russia recently adopted by the European Commission establishes new bans and restrictions, including:

  • A ban on the refuelling of Russian liquefied natural gas and related services in the territory of the Union for transhipment to third countries, as well as its import through specific terminals that are not connected to the gas pipeline network.
  • The inclusion in the list of products restricted for sale to Russia of goods such as all-terrain vehicles, antenna amplifiers, digital flight data recorders, certain substances, plastics, excavation machinery, monitors and electrical equipment.
  • A ban on the import of helium.
  • The imposition of tighter restrictions on new entities established in both Russia and other third countries.

Also noteworthy are measures aimed at deterring and preventing the circumvention of sanctions, such as:

  • Strengthening bilateral and multilateral co-operation with third countries and the provision of technical assistance.
  • The broadening of the listing criteria in order to be able to act against those who facilitate circumvention.
  • The sanctioning of entities in third countries involved in the circumvention of trade restrictions.
  • The introduction of a ban on the transit of dual-use goods, technologies and combat goods exported from the EU to third countries through Russian territory to third countries.
  • The introduction of a ban on the re-export of particularly sensitive goods and technology to Russia and for use in Russia (“No Russia” clause).
  • The introduction of a ban on access to EU ports for ships involved in ship-to-ship transhipments and suspected of not complying with the sanctions.
  • The requirement for EU parent companies to ensure that their subsidiaries in third countries do not engage in activities that produce a result that the sanctions seek to prevent.
  • An obligation on EU operators to put due diligence mechanisms into place for selling combat goods to third countries, as well as for transferring industrial know-how for the production of combat goods to third countries, including contractual provisions to ensure that such know-how is not used in products destined for Russia.

For further information please visit the following links:


https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202401745&qid=1719919210348

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L_202401739&qid=1719919287843

Our customs department is available for any additional information.

Carlos Arola - CEO

Carlos Arola – CEO

Group Arola

Etiquetas: Russia | sanctions

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