Imposes restrictive measures on Russian financial, energy, transport, technology and defence sectors
18 Mar 2022
On 18 March 2022, the first package of sanctions was formally adopted by Royal Decree and by the Ministry. The sanctions correspond to the restrictive measures imposed by the European Union up to and including 9 March 2022. They target the financial, energy, transport, technology and defence sectors, and also impose restrictive measures on hundreds of individuals and entities. They include bans on the the export of technology, goods and services that could be used in the war effort by the Russian Federation.
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Type:
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Entry and establishment (Ownership and control)
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Treatment and operation (Investment related trade measures)
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Treatment and operation (Operational conditions, Other)
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Industry:
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Not industry specific
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Manufacturing (Manufacture of coke and refined petroleum products)
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Services (Transportation and storage, Telecommunications, Financial and insurance activities, Public administration and defence; compulsory social security)
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Sources:
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www.regjeringen.no, Sanctions against Russia incorporated into Norwegian law, https://www.regjeringen.no/en/aktuelt/russia_sanctions/id2904511/, 18 Mar 2022
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https://lovdata.no, Regulations relating to amendments to the Regulations on restrictive measures concerning actions that undermine or threaten the territorial integrity, sovereignty, independence and stability of Ukrain, https://lovdata.no/dokument/LTI/forskrift/2022-03-18-411, 18 Mar 2022
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https://lovdata.no, Regulations relating to amendments to Regulation 15 August 2014 no. 1076 on restrictive measures concerning actions that undermine or threaten the territorial integrity, sovereignty, independence an, https://lovdata.no/dokument/LTI/forskrift/2022-03-18-410, 18 Mar 2022
