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Lionel Van Reet (Belgium)

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The EU introduced, on 15 March 2022, a number of additional sanctions measures including in particular on the direct or indirect import of certain iron and steel products if they originate in or have been exported from Russia. Full details of the sanctioned iron and steel items are set in Annex XVII to the applicable amending regulations (being Council Regulation (EU) 2022/248, available here). It is estimated, in accordance with the European Commission’s (“EC”)…

On February 24, 2022, each of the three Belgian Regions (the Flemish, Walloon and Brussels Regions) announced that all export licenses issued by their services with Russia as destination country or country of end-use will be temporarily suspended. The suspension will be evaluated on a day-to-day basis. The Flemish Strategic Goods Control Unit, which is responsible for issuing licenses for the export of military and dual-use items in the Flemish Region, indicated that for transactions…