EU: Eighth package of sanctions against Russia includes new import and export restrictions
Also includes implementation of the G7 oil price cap
Includes new import and export restrictions
The European Commission today announced that the European Council has approved an eighth package of sanctions against Russia for its aggression against Ukraine.
According to today’s EC release, the package contains:
- Sanctions on additional individuals and entities
- An extension of restrictions to the oblasts of Kherson and Zaporizhzhia
- New export restrictions
- New import restrictions
- Implementation of the G7 oil price cap
- Restrictions on state-owned enterprises
- A new listing criterion to sanction persons who facilitate the infringements of the prohibition against circumvention of sanctions
For more information, contact a professional with KPMG’s Trade & Customs services:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby Principal E: jlibby@kpmg.com |
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