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EU Customs & Global Trade Law Monitor - Week 14

(S) We monitor EU customs and global trade legislation changes, so our subscribers and clients don't have to. Changes for Week 14


Official Journal of the EU Check


07/04/2022L108C153

05/04/2022L106C150


Findings


Sanctions


The fifth package of sanctions was imposed in response to Russia's armed action against Ukraine: The EU imposes further restrictions on 217 persons and 18 businesses.

The EU decided to reinforce the EU's sanctions lists by imposing additional sanctions on 217 individuals and 18 entities, adding more persons from politics, business, and propaganda, as well as additional companies from the financial, military, industrial, and transportation sectors. The list includes:

  • High-ranking Kremlin officials,

  • Oligarchs - Moshe Kantor, Boris Rotenberg, and Oleg Deripaska

  • Other prominent businesspeople involved in key economic sectors such as energy, finance, media, defence and the arms industry,

  • Proponents of disinformation and information manipulation, who are systematically spreading the Kremlin's false narrative on the situation in Ukraine Family members of previously sanctioned persons:

    • Maria Vladimirovna Vorontsova

    • Ekaterina Vladimirovna Tikhonova, the daughters of Russian President Vladimir Putin.

  • So-called ministers and members of the so-called 'People's Councils' of the so-called 'Donetsk People's Republic' and 'Luhansk People's Republic' have been banned.

In sum, the EU's sanctions currently apply to 1091 persons and 80 businesses. Assets of those named are frozen, and EU people and corporations are prohibited from making cash accessible to them. Natural people are also subject to travel restrictions, which stop them from entering or transiting EU territory.






Classification





Anti Dumping Duty




DG TAXUD


Nothing to report


DG TRADE


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Other


No update available


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