Implements the European Union’s eighth sanction package against the Russian Federation
23 Nov 2022
On 23 November 2022, following the adoption of the eighth European Union’s sanction package, the Federal Council introduced further sanctions against the Russian Federation. They included a ban on the provision of IT, engineering, architecture and legal services to the Russian Government and to Russian companies, and the prohibition to holding seats on the boards of certain state-owned companies. It also introduced a ban on the transportation of crude oil and petroleum products to third countries, and on the provision of services in connection with such transport. The measures entered into force on 23 November 2022.
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Type:
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Treatment and operation (Investment related trade measures)
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Treatment and operation (Other)
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Industry:
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Services (Transportation and storage, Computer programming, consultancy and related activities, Financial and insurance activities, Legal and accounting activities, Other professional, scientific and technical activities, Other service activities)
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Sources:
