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The G7 Leaders' Statement on Ukraine, issued on May 19, 2023, the leaders expressed their condemnation of Russia's aggression against Ukraine and reaffirmed their commitment to stand together against it.

Changes to the Tax Code will (1) remove from a list of transactions, which are not subject to VAT, consulting services and IT services, (2) introduce export duties on certain cereals till January 1, 2012, and (3) revise applicable Fees for the Use of Natural Resources.

The ban came into force on 1 January 2016 and will be effective until 5 August 2016 but may be extended by the decision of the President and the Government of the Russian Federation.

In 2012 a number of foreign trade issues were making headlines in Ukraine.One of the most important and anticipated changes was entering into force of the new Customs Code of Ukraine. Furthermore, Ukraine continued its efforts in regional trade liberalization including ratification of the new CIS Free Trade Agreement, the Free Trade Agreement with Montenegro.

All EU Member States must comply with EU Council Regulations relating to sanctions as soon as they are adopted. The new EU sanctions package was adopted on 24 February 2022.

March 2023 – Since the outbreak of war in Ukraine, the world faces an ever-increasing number of restrictive measures and sanctions introduced in various jurisdictions.

The Cabinet of Ministers of Ukraine (the CMU) has been vested with the authority to introduce special measures against aggressor states and/or occupier states...

Ukraine currently maintains one of the largest sanctions lists in Europe, comprising roughly 21,000 entries but with only 114 removals over the past decade.

The Russian – Ukrainian war, which began in February 2022 in Ukraine, has had a profound impact on global shipping and logistics, resulting in a range of consequences.

Since the outbreak of the war in Ukraine, there has been a plethora of new legislation establishing mechanisms for an adequate political and legal response to russian aggression against Ukraine.

International sanctions imposed against Russian and Ukrainian parties in response to events in Ukraine have continued to expand and evolve.

On January 10, 2025, in a final action to, among other things, deter Russian aggression on the international stage, the US Department of the Treasury enacted sweeping new sanctions on the Russian energy sector.

Whiplash diplomacy has engulfed the Ukraine peace process. Following backchannel consultations led by US Middle East Envoy Steve Witkoff and Russia sovereign wealth fund manager Kirill Dmitriev...

The conflict in Ukraine has affected few markets more dramatically and directly than the grains and edible oils markets.

On December 18, 2023, the European Commission issued the 12th package of sanctions imposed by the European Union against Russia, Regulation (EU) 2023/2878 of the Council of December 18, 2023...

It is recognised that the sanctions adopted by the EU and its international partners have not only affected the Russian economy but that these sanctions also take a toll on the European economy...

It goes without saying that 2016 was crucial for trade defence instruments both in Ukraine and around the world.