Author: Anna Cesar, Regulatory Compliance Manager EMEA

The EU has implemented another set of restrictions against Russia to further strengthen existing EU sanctions.

The aim of this new round of restrictions against Russia is to create better tools for detecting and preventing the circumvention of EU sanctions. The additional measures include enhanced targeting of entities and dual-use goods, strengthening border controls via roads and ports and further restricting in-transit moves designed to bypass export controls.

• Additional 87 entities to the list of restricted or prohibited entities.
• Bilateral and multilateral cooperation with third countries to better detect and prevent circumvention.
• Prohibit the transit via the territory of Russia of more goods and technology in connections with Russia’s military and technological enhancement.
• Prohibition to transport goods into the EU by road to trailers and semi-trailers registered in Russia, including when hauled by trucks registered outside of Russia.

Exporters are strongly encouraged to perform their due diligence to ensure export transactions comply with EU sanctions.

For general questions regarding this publication, please contact tradecompliance@marken.com or view the original source here.