Photo: Albert Gea / Reuters
The European Union in the 12th package of sanctions prohibited exporters from re-exporting to the Russian Federation
lenta.ru: The authorities of the European Union (EU) in the 12th package of anti-Russian sanctions introduced the No Russia rule to foreign trade. According to its terms, exporters are prohibited from re-exporting “sensitive” categories of goods from third countries to the Russian market, the EU Council said in a statement.
Until recently, such clauses had the status of recommendations of the European authorities, but in the 12th package of anti-Russian sanctions they were made mandatory. Such restrictions also imply a ban on re-export of products to third countries for further use in Russia.
The new mandatory condition must be included in new export contracts by March 20, 2024. If the deal is concluded before December 19, 2023, then a clause prohibiting re-export must be introduced into it by December 20, 2024, or earlier if the contract expires before this date and is extended.
In World
-
Russia has supplied air defense missile systems to North Korea in exchange for sending its troops to support Russia's war efforts against Ukraine, a top South Korean official said Friday.
-
Taiwan President Lai Ching-te will visit Taipei's three remaining diplomatic allies in the Pacific on a trip starting at the end of the month, his office said on Friday, but the government declined to give details on U.S. transit stops.
-
Russia is ready to consider any "realistic" peace initiative on the conflict in Ukraine which takes into account Russia's own interests and the situation on the ground, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday.
-
China is willing to conduct active dialogue with the United States based on the principles of mutual respect and promote the development of bilateral economic and trade relations, vice commerce minister Wang Shouwen said on Friday.
Leave a review