Adopts the ninth package of sanctions against the Russian Federation
16 Dec 2022
On 16 December 2022, the European Union adopted the ninth package of sanctions against the Russian Federation. Among other sanction measures, it prohibits new investments in the mining sector, with the exception of mining and quarrying activities involving certain critical raw materials. Also the new package includes an export ban on aviation and the space industry related goods and technology to include aircraft engines and their parts and a ban on the provision of advertising, market research and public opinion polling services, as well as product testing and technical inspection services. The new sanction measures comes into force on 16 December 2022.
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Type:
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Entry and establishment (Other)
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Entry and establishment (Other)
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Treatment and operation (Investment related trade measures)
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Industry:
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Primary (Mining and quarrying)
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Services (Transportation and storage, Publishing, audiovisual and broadcasting activities, Financial and insurance activities, Other professional, scientific and technical activities)
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Sources:
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Official Journal, Official Journal of the European Union, L 322I, 16 December 2022, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2022:322I:TOC, 16 Dec 2022
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Lexology, EU adopts ninth package of sanctions on Russia, UK imposes new financial and trade sanctions on Russia, Norway implements price cap on Russian crude oil, https://www.lexology.com/library/detail.aspx?g=cc60dc40-75d8-4109-bdac-281267332a46&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2022-12-20&utm_term=, 15 Dec 2022
