7th package of European sanctions against Russia

On 21 July 2022, the European Union adopted the 7th package of sanctions against Russia, which entered into force on Friday 22 July.

The new regulations are in line with the measures issued previously, making some extensions and changes to certain product and subjective categories already subject to restrictions.

In particular, the following are revised and integrated:

PRODUCT RESTRICTIONS

The EU Reg. No. 1269/2022 modifies the EU Reg. No. 833/2014 providing:

  • The replacement of Annex XXIII concerning assets designed to contribute in particular to the strengthening of Russian industrial capacities (list which also includes commonly used items);
  • The replacement of Annex X concerning goods and technologies suitable for use in oil refining and in the liquefaction of natural gas;
  • Changes to Annex VII regarding quasi-dual goods and technologies.

An increase in dual and quasi-dual commodity controls is expected.

  2022-07-22 REGULATION (EU) 2022 1269.pdf

 

SUBJECTIVE RESTRICTIONS

The EU Reg. No. 1270/2022 implements the EU Reg. No. 269/2014, concerning restrictive measures regarding persons and entities that compromise or threaten the territorial integrity, sovereignty and independence of Ukraine.

This Regulation has provided for the expansion of the list of natural and legal persons who are prohibited from exporting to Russia.

  2022-07-22 IMPLEMENTING REGULATION (EU) 2022 1270.pdf

 

The new restrictions require an up-to-date verification on the products you intend to export to Russia.

If you have operations in progress, relating to shipments to Russia, already verified by the Customs Consultancy department, but not yet out of the EU territory, we suggest you get in touch with our team to evaluate the persistence of the exportability requirement: This email address is being protected from spambots. You need JavaScript enabled to view it.

Image

Address

Buonomo S.a.s.
by Rag. Stefano Buonomo & .C.
Corso United States, 18
Office n ° 4 - 35127 - Padua, Italy

Contact us

+39 049 760455
+39 347 1234402