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ARTICLE · 13 AUGUST 2014

Sanctions On Russia

The EU has - as announced for several weeks in political debates - intensified the economic sanctions against Russia.

European UnionInternational Law

The EU has - as announced for several weeks in political debates - intensified the economic sanctions against Russia. In connection therewith, two regulations have entered into force: 

  • Council Regulation (EU) No 825/2014 of 30 July 2014 amending Council Regulation (EU) No 692/2014 concerning restrictions on the import into the Union of goods originating in Crimea or Sevastopol, in response to the illegal annexation of Crimea and Sevastopol.
  • Council Regulation (EU) No 833/2014 of 31 July 2014 concerning restrictive measures in view of Russia's actions destabilising the situation in Ukraine. 

In the following, the key provisions of these two Regulations will be described – according to a newsletter format, briefly and in excerpts. The newsletter starts with Regulation 833/2014 because this Regulation may be economically more relevant to German and European undertakings.

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