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US see, EU do… Russian/Ukraine sanctions

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The European Union just copied the recent US restrictions on Russia based on its continuing interference in Ukrainian affairs:

  • A ban on involvement in new issues of debt or equity with a maturity date longer than 90 days
  • An export/import ban on arms, and an export ban on dual-use goods
  • A ban on exports for exploration and production of deepwater oil, arctic oil and shale oil

That last one really hits home, as it impact the large Exxon/Rosneft projects.

Link:

EU Notice

 


Filed under: EU Updates, Sanctions Regulations, Ukraine sanctions

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