Sanctions against Russia
December 2022
- 03.12.2022European Union (Political associations)Restrctions on sells and imports of russian goods
On December 5, EU oil sanctions against Russia entered into force. The limit price for oil and oil products and oils originating from or exported from Russia is set at USD 60 per barrel. It will be reviewed every two months in order to respond to the development of the market situation and will be set at a level 5% lower than the average market price for Russian oil and oil products, calculated on the basis of data from the International Energy Agency.
Council of the EU
- 07.12.2022BSEC (Specialized associations)Exclusion of russia from asoiciations, unions, federations
The Russian Federation was excluded from the Parliamentary Assembly of the Organization of Black Sea Economic Cooperation (BACE).
Oleksandr Marikovski
- 09.12.2022CanadaSanctions against persons and entity
The Ministry of Foreign Affairs of Canada announced new restrictive measures against Russia, Iran and Myanmar due to human rights violations. 33 current or former high-ranking Russian officials and six companies involved in "systematic violations of the human rights of Russian citizens who protested Russia's invasion of Ukraine" came under the new sanctions.
Reuters
- 12.12.2022New ZealandSanctions against persons and entity
The New Zealand government has introduced new restrictive measures against Russia for its full-scale aggression against Ukraine, which affects 23 Russians.
New Zealand Government
- 13.12.2022United KingdomSanctions against persons and entity
On December 13, the British government introduced new sanctions against Russia and Iran for attacks on Ukraine with missiles and kamikaze drones. A total of 12 Russians, 3 Iranians and one Iranian company MADO are on the list.
UK Government
- 13.12.2022UIC (Specialized associations)Suspension of cooperation with russia and certification
The General Assembly of the International Union of Railways (UIC) ratified the decision to exclude railway companies of the Russian Federation and Belarus from participating in all types of their activities.
Голова правління АТ «Укрзалізниця»
- 15.12.2022CanadaSanctions against entity
Canada renewed sanctions against Russia related to Nord Stream turbines. The Canadian government announced the cancellation of an exemption from sanctions against Russia introduced a few months ago, when permission was granted to return Siemens turbines from repair work to ensure the operation of the Russian Nord Stream gas pipeline.
Mélanie Joly
- 15.12.2022FranceRestrictions on the russian media
France, through the court, banned the satellite broadcasting of Russian propaganda TV channels. The Council of State of France suspended the decision of the French media regulator Arcom, which refused to ban the broadcast of Russian propaganda channels by the French satellite operator Eutelsat. Now Eutelsat will no longer broadcast "Russia 1", "Pervy Kanal" and "NTV", – reported the Minister of Culture Oleksandr Tkachenko.
Олександр Ткаченко
- 16.12.2022European Union (Political associations)Restrictions on the russian media
The ninth package of sanctions from the European Union banned broadcasting on the territory of the EU by Russian media – "NTV"/"NTV Mir", "Russia 1", "REN TV" and "Pervyi Kanal".
Олександр Ткаченко
- 16.12.2022European Union (Political associations)Sanctions against entity
Another 168 companies will be affected by EU sanctions against Russia introduced for aggression against Ukraine as part of the ninth package. Vice President of the European Commission Valdis Dombrovskis announced this on Twitter. "The main restrictions concern 168 companies associated with the military-industrial complex of Russia," he wrote.
Valdis Dombrovskis
- 16.12.2022NorwayTravel and visa bans for russians
Norway has stopped issuing visas to Russians, even if they have an invitation. As the publication notes, for several months, Norwegian companies were unable to organize a single trip for Russians upon invitation. The country fears that the Russians will not want to return home. It is also reported that human rights defenders and public organizations in Norway lost the opportunity to invite colleagues from Russia to their events.
The Barents Observer
- 16.12.2022SwitzerlandSanctions against entity
On December 16, the Swiss Federal Council adopted new sanctions against Russia in line with the latest restrictive measures of the European Union. "In response to Russia's ongoing military aggression and destabilizing actions in Ukraine, on December 3, the EU agreed to apply new sanctions related to limiting the prices of Russian crude oil and petroleum products. This extends the ban on the transportation of such goods, which are sold above the threshold price, to trade and brokerage services. On December 16, the Federal Council decided to adopt these provisions, bringing Switzerland's measures in line with EU measures," the press release states.
Federal Council
- 17.12.2022MoldovaRestrictions on the russian media
The National Commission for Emergency Situations of Moldova has suspended broadcasting licenses in the country of six TV channels for spreading incorrect information when covering events in Moldova and the war in Ukraine.
NewsMaker
- 19.12.2022Dentons (Jurisprudence)Withdrawal of investments from russia
Law firm Dentons is finalizing its formal exit from Russia, but maintaining business ties.
Reuters
- 19.12.2022CanadaSanctions against persons and entity
On Monday, December 19, the Canadian government announced the start of the process of arrest and confiscation of the assets of the sanctioned Russian oligarch Roman Abramovich. According to Canadian Foreign Minister Melanie Jolie, Ottawa will seek the confiscation of $26 million from Abramovich's company Granite Capital Holdings Ltd. This means that Minister Joly will now consider filing an application for final asset forfeiture in favor of the country. In case of confiscation, the received funds can be used to restore Ukraine and compensate the victims of the illegal and unjustified invasion of Putin's regime.
Government of Canada
- 22.12.2022United StatesSanctions against entity
The United States of America has imposed sanctions against ten Russian companies related to shipping. Concern "Morinformsystem-Agat"; Central Research Institute of Structural Materials "Prometheus"; battery company "Rigel"; Central Research Institute of Ship Engineering; concern "Scientific and Production Association "Aurora"; concern "TsNDI "Electropribor", JSC "Obukhovskoe"; JSC "Marine navigation systems"; Shirshov Institute of Oceanology of the Russian Academy of Sciences; Technopol Company LLC. Sanctions against these structures include the freezing of assets.
U.S. Department of the Treasury
- 23.12.2022Amcor (Packaging products)Withdrawal of investments from russia
Amcor has announced the completion of the sale of its three plants in Russia to Russian investor HS Investments after receiving all necessary regulatory approvals and cash proceeds, including receipt of final cash balances.
Amcor
- 30.12.2022Vitol (Electricity generation)Withdrawal of investments from russia
Vitol today announces the sale of its stake in Vostok Oil LLC.
Vitol
- 30.12.2022CMA CGM (Sea freight)Withdrawal of investments from russia
The French company CMA CGM will exchange its 25% of the shares of the Russian logistics park Ianino and the Moby Dik ocean terminal for an additional 25% of the shares of the Finnish terminal operator Multi Link Terminal.
Lloyd's list
- 30.12.2022Grundfos (Equipment)Withdrawal of investments from russia
The Danish company Grundfos is finally leaving Russia. The new owners will acquire the two companies in Russia, but will not be able to use the brand name or intellectual property rights, which are wholly owned by Grundfos.
Grundfos
