12th package of restrictive measures targeting Russia

 

February 2024

The 12th package of restrictive measures imposed In light of the continuing war in Ukraine. These measures include:
  • Additional listing of over 140 individuals and entities to the sanctions list.
  • A ban on direct or indirect import, purchase or transfer of diamonds from Russia.
  • A direct ban applies to non-industrial natural and synthetic diamonds.
  • Introduction of a no Russia clause which prohibits re-exportation to Russia of particularly sensitive goods and technology, including Russian military systems.
  • Further circumvention measures relating to dual use goods and technologies, including extending the transit ban to all battlefield goods.
  • Exceptions were introduced for personal use items.
  • A ban on Russian nationals from holding any posts on governing bodies.
  • Tighter compliance rules have been introduce to clamp down on circumvention to support the implementation of the oil price cap.
Find out more here.