On 9 May 2023, the President of the European Commission, Ursula von der Leyen, announced further details on the proposed eleventh package of EU sanctions against Russia. According to the press statement issued by the European Commission and related press reports, the proposed package mainly focuses on combatting circumvention of EU sanctions. More specifically, it would include the following additional measures: Ban of ‘shadow’ entities from Russia and third countries that are intentionally circumventing EU…
The G7 announced the creation of a new Enforcement Coordination Mechanism “to bolster compliance and enforcement of our measures and deny Russia the benefit of G7 economies” on the one-year anniversary of Russia’s invasion of Ukraine. The International Group of Seven (“G7”) is an intergovernmental forum whose members include the US, UK, Germany, France, Italy, Canada, and Japan, with the European Union as a “non-enumerated” member. As such, Germany, France and Italy are EU Member…
The EU has today adopted its 10th package of sanctions against Russia. Please see here for relevant Regulations and Council decisions. The new package includes the following measures: Further export bans on critical technology and industrial goods, such as electronics, specialised vehicles, machine parts, spare parts for trucks and jet engines, as well as goods for the construction sector which can be directed to Russia’s military, such as antennas or cranes. Expansion of the list…
On 22 February 2023, Dutch Customs published a press release on its website indicating that the additional EU sanctions measures against Russia and Belarus will enter into force on 24 February 2023. Although relevant legislative texts have not yet been published, the release suggests that the “tenth package” of EU sanctions against Russia will include: an extension of the export restrictions related to dual-use goods and goods which could contribute to the enhancement of Russian…