We’re reaching out today as we believe the publication of the 11th package of sanctions against Russia deserves your utmost attention! Particularly as it relates to the new anti-circumvention tool and the addition of entities registered outside of Russia on the list of natural or legal persons which are military end-users, form part of Russia’s military-industrial complex or which have commercial or other links with or which otherwise support Russia’s defence and security sector (i.e.…
This week in our Sanctions Enforcement Around the World series, we bring you the view from Belgium. What are the recent sanctions enforcement trends in Belgium? Before Russia took the decision to recognise the non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine and to send troops into the region, a limited number of judicial proceedings related to violations of Union restrictive measures were reported. With the introduction of the first package of…
Additional duties have been imposed by the UK government on a number of commodities originating in Russia and Belarus. The new duties will take effect on 25 March. Russian and Belarusian items that have already left the country before the new tariffs take effect on 25 March are exempt. Before 25 March, the products must have fulfilled Russian or Belarusian export requirements and exited those countries. The respective additional duties for Russia can be found…
The UK announced on 15 March 2022 that it will impose import tariffs on hundreds of key Russian products. In addition to banning the export of luxury goods to Russia, the UK government has also published an initial list of goods worth £900 million – including vodka – which will now face additional 35 percent tariff, on top of any tariffs that are currently applicable. These relevant products are as follows: Iron, steel, fertilisers, wood,…