Category

Sanctions Targeting Russia

Category

By making the first entry to the national sanctions list, the Czech Republic has taken another step in its efforts to use its sanctions powers to respond more rapidly to the Russian invasion of Ukraine. Earlier this year, the Czech Republic adopted the Sanctions Act, which implements the process for including entities on the Czech national sanctions list or the EU sanctions list and the rules for adopting national restrictive measures against certain entities for…

Effective as of 04 April 2023, Ukraine introduced two new sets of personal sanctions against 273 individuals and 380 legal entities, mainly targeting Russian public officials and the Russian military industry.[1] The Decisions impose extensive sanctions, including asset freeze; ban on trade operations; ban on transit of resources, flights and transportation within the territory of Ukraine; suspension of the performance of economic and financial obligations; restriction on the exit of capital from Ukraine; prohibition on…

1. Overview Following several announcements in public media,[1] it has been reported that Kazakhstan will monitor goods that are imported into the country for re-export tracking them until they reach their final destination. As reported in the media, the new measure started applying as of 1 April 2023 and is intended to prevent companies and individuals from using Kazakhstan to circumvent Russia sanctions. Below we highlight some of the key developments and discuss certain practical…

Since March 10, 2023, Türkiye has stopped the transit of some goods to Russia via Türkiye without an official explanation and despite the fact that no sanctions against Russia have been formally imposed. The information we obtained indicates that the Turkish customs officials and representatives of the Ministry of Trade justified the halt by explaining that there is a technical problem in the e-customs system. Furthermore, within this context, Turkish customs officials added that they…