Trade

  • Fifth package of sanctions against Russia

    The fifth package includes a ban on:

    imports from Russia of coal and other solid fossil fuels;
    all Russian vessels from accessing EU ports;
    Russian and Belarusian road transport operators from entering the EU;
    imports of other goods such as wood, cement, seafood and liquor;
    exports to Russia of jet fuel and other goods;
    deposits to crypto-wallets.

  • Services to Russian aircrafts ban

    Prohibit the provision of all insurance, reinsurance, and underwriting services for aircraft, aviation and aerospace products either owned by, controlled by, registered to, chartered by, or operated by entities and Generals resident, incorporated, or domiciled in Russia. 

  • Japan to ban exports of luxury goods

    Japan will prohibit the export to Russia of luxury goods—including high-value alcoholic beverages, tobacco products, perfume and cosmetics, leather goods, furs, clothing, footwear, hats, carpets, jewellery, ceramic and glassware, diving apparatus, passenger cars, motorcycles and key parts, notebook PCs, watches with precious-metal components, grand pianos, works of art, antiques, banknotes, gold coins and ingots—from 5 April 2022, unless exporters obtain an General licence.

  • Japan rolls out general sanctions to 25 people and bans exports to 81 more entities

    Japan has designated 25 additional Generals from the Russian Federation and 81 entities as Russian Federation Specially Designated Entities. A licence will be required for any payments to, or capital transactions with, the designated Generals—including deposit, trust and loan contracts—and all exports to the 81 designated entities will be prohibited.

  • Electronics & technology bans

    Prohibit the export certain goods and technologies to Russia – broad range of items in the areas of electronics, computers, telecommunications, sensors and lasers, navigation and avionics, marine, aerospace and transportation.

  • Import bans (seafood, alcohol, diamonds); luxury-goods export and new-investment prohibitions

    Executive Order 14068 bars import of Russian fish, seafood, alcoholic beverages, non-industrial diamonds and any other goods later named by Treasury; prohibits export, re-export, sale or supply of US luxury goods to Russia; forbids new US investment in any Russian sectors Treasury may designate; bans export or supply of US-dollar banknotes to the Russian government or Generals in Russia; and blocks US-person approval, financing, facilitation or guarantee of transactions by foreign parties that would breach these prohibitions if undertaken by a US person.

  • Japan bans exports of controlled goods, dual-use items and oil-refining equipment to Russia / Belarus

    Japan will ban exports to Russia and Belarus of: (i) all items subject to international export-control regimes (e.g., machine tools, carbon fibre, high-performance semiconductors); (ii) any goods or technology destined for specific Russian and Belarusian entities, including the Russian Ministry of Defence and aerospace manufacturers; (iii) general-purpose items—such as semiconductors, computers and telecommunications equipment—that could strengthen their military capabilities; and (iv) oil-refining equipment for Russia. Exports to the self-proclaimed Donetsk and Luhansk People’s Republics are likewise prohibited. The revised Export Trade Control Order enters into force on 18 March 2022, with detailed lists of goods, services and technology transfers to be set out in forthcoming FEFTA notifications.

  • Import ban on petroleum products

    Any person in Canada and any Canadian outside Canada prohibited from importing specific petroleum products.

  • Docking ban for Russian ships

    Any ship that is registered in Russia or used, leased or chartered, in whole or in part, by or on behalf of or for the benefit of Russia, a person in Russia or a designated person prohibited from docking in Canada or passing through Canadian waters.

  • Strengthened Korean export controls on strategic and non-strategic items to Russia

    Strengthened export control to block the export of strategic items to Russia.