EU trade restrictions in a number of economic sectors
12 August 2024 09:00

In reaction to the invasion of Ukraine by Russia, the EU has agreed on a wide range of restrictive measures against Russian individuals and entities in order to cripple Russia’s ability to finance the war and to impose painful costs on Russia’s political elite responsible or otherwise instrumental for the realisation of this unprovoked military attack on its neighbouring nation. Beyond individual asset freezes, travel bans and visa restrictions, these restrictive measures comprise far-reaching trade restrictions in a number of economic sectors, as well as restrictions for activities in the financial sector.

Consolidated FAQs on the implementation of Council Regulation No 833/2014 and Council Regulation No 269/2014

Issued on: 22 June 2022 / Last update: 26 July 2024

This document is a working document by the Commission services to give guidance to national authorities, EU operators and citizens for the implementation and the interpretation of Council Regulation (EU) No 833/2014, Council Regulation (EU) No269/2014, Council Regulation (EU) No692/2014 and Council Regulation (EU) 2022/263. By analogy, the FAQs therein also apply to Council Regulation (EC) No 765/2006. Only the Court of Justice of the EU is competent to interpret EU law. National authorities and economic operators may make use of this guidance based on the text, context and purpose of the aforementioned regulations, to achieve the uniform application of sanctions across the EU.

LIST of territories where hostilities are (were) conducted or temporarily occupied by the Russian Federation – Ministry of Reintegration of the Temporarily Occupied Territories of Ukraine (minre.gov.ua)

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