14th sanction package against Russia.
- Thu, June 27, 2024
- 3 minuten leestijd
Expansion of sanctions list
The 14th sanctions package added 69 individuals and 47 companies to the sanctions list. In addition, 61 companies were added to the sanctions list for involvement in circumvention practices. The listings also include actors involved in disinformation/propaganda activities, in support of Russia's war of aggression against Ukraine.
Expansion of list of sanctioned goods
The list of sanctioned goods has been expanded to include the following groups of goods:
- Machine tools
- All-terrain vehicles
- Chemicals, including manganese ores and compounds of rare earths
- Plastics
- Drilling/excavating machinery
- Pipe equipment
- Monitors, radios and video/audio equipment
- Electrical equipment
- Vehicle parts, including replacement parts for trucks, engines for all types of vehicles and a limited number of automotive parts
The relevant annexes of Regulation 833/2014 that have been amended include:
- Annex VII
- Annex XXIII
- Annex XL
Further restrictions on helium imports
Helium imports are further restricted as it generates significant revenues for Russia. Also, the list of partner countries with similar import control measures has been expanded to include the US, Japan, the UK, South Korea, Australia, Canada, New Zealand, Norway, Switzerland, Liechtenstein and Iceland.
Partner countries
In previous packages, the European Commission has identified partner countries that implement export control measures, import restrictions on iron and steel, and import control measures that are very similar to those used in the European Union.
No Russia clause
The following elements have been added to the no Russia clause to reduce the implementation burden for EU operators:
- For contracts concluded before the adoption of the 12th sanctions package, the deadline to ensure compliance was extended from 20 December 2024 to 1 January 2025;
- An exemption was added for contracts concluded as part of public procurement in third countries. Such contracts must still be notified to the national competent authorities;
- Iceland and Liechtenstein have been added to the list of partner countries.
More information on the no Russia clause can be found in our related article.
Imports of non-Russian origin containing Russian base products
- Prohibited: Importing iron and steel products that incorporate base products (raw materials) of Russian origin is still prohibited. This applies regardless of where the final product was processed.
- Proof of origin still required: For imports of iron and steel products that are not of Russian origin, proof of origin must still be provided. This demonstrates that no Russian base products were used in their production.
- Exception for Norway, Switzerland, and the UK: When importing iron and steel products from Norway, Switzerland, or the UK, EU operators are not required to provide evidence of the origin of the iron and steel inputs used in third countries. This is a simplification of the proof of origin requirement for these specific countries.
Other changes included in the 14th sanctions package
In addition to the changes described above, the following items will also change with the arrival of the 14th sanction package effective from 24 June:
- Flight ban on non-scheduled flights
- Road transport within EU
- Refinement of import ban on Russian diamonds
- Liquefied natural gas
- Ban on purchase, import, transfer or export of Ukrainian cultural goods
- Support under EU programme
- Exemption for provision of certain services to the Russian government and Russian legal entities by persons who worked in Russia before the war
- Registration of certain intellectual property rights by Russian nationals, natural persons living in Russia and Russian companies
- Prohibition on accepting economic benefits and support from Russia by political parties, foundations, alliances, non-governmental organisations (including think tanks) and media service providers
- Ability to obtain permission to release assets that were frozen due to the involvement of a sanctioned bank acting as an intermediary
- Possibility for nationals and companies from member states to receive compensation from Russian individuals and entities that caused them harm
- Documents in the possession of the Council, the Commission and the High Representative of the Union for Foreign Affairs and Security Policy relating to the maintenance or prevention of violations or circumvention of restrictive measures are covered by professional secrecy
- The restrictive measures relating to broadcasts of certain media channels are effective from 25 June 2024 for all entities listed in the annex to Regulation 2024/1428.
Responsibility and diligence
The new package states that individuals can be held responsible if they are aware of and knowingly accept activities that promote circumvention of sanctions. Even without direct knowledge of potential evasion, individuals can be held responsible for the consequences of their actions. Therefore, it is crucial for companies to continuously stay informed about the latest laws and regulations and exercise thorough due diligence.
Detailed information about the 14th Russian sanctions package
It is important to stay alert and make sure your trading activities are compliant with the new sanctions. Please refer to official publications for more detailed information:
Advice and support
Do you need help regarding the Russian sanctions? Our Consultancy & Advisory services can help align your business operations with regulatory compliance. Contact our customs experts for advice and support by filling out the form on the right. A member of our team will respond within one business day.
