Used Services and Cookies

Our website uses cookies to enhance your user experience. Some cookies are essential for the operation and management of the site, while others are used for anonymous statistics or personalized content. Please note that limiting cookie use may impair certain functions of the website.

More information: Imprint, Data protection

Essential cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website or, for example, saving your cookie settings. The website cannot function properly without these cookies. This category cannot be deactivated.
  • Name:
  • Domain:
  • Purpose:
    Stores the cookie preferences of website visitors.
  • Name:
  • Domain:
  • Purpose:
    The session cookie is essential for the basic functioning of the website. It allows users to navigate through the site and use its basic features.
  • Name:
  • Domain:
  • Purpose:
    This cookie serves security purposes and aids in preventing Cross-Site Request Forgery (CSRF) attacks. It is a technical necessity.
These cookies collect information about how you use a website, e.g. which pages you have visited and which links you have clicked on.
  • Name:
  • Domain:
  • Purpose:
    The Google Analytics cookie _ga is used to distinguish users by assigning a unique identification number to each visitor. This number is sent to Google Analytics each time a page is accessed in order to collect user, session and campaign data and to statistically evaluate the use of the website. The cookie helps website operators to understand how visitors interact with the website by collecting information anonymously and generating reports.
  • Name:
  • Domain:
  • Purpose:
    The _ga_[container_id] cookie, specific to Google Analytics 4 (GA4), is used to distinguish website visitors by assigning a unique ID for each session and each user. It enables the collection and analysis of data on user behavior on the website in anonymized form. This includes tracking page views, interactions and the path users take on the website to give website operators deeper insights into the use of their site and improve the user experience.
  • Name:
  • Domain:
  • Purpose:
    The _gid cookie is a cookie set by Google Analytics that is used to distinguish users. It assigns a unique identification number to each visitor to the website, which is sent to Google Analytics each time the page is accessed. This makes it possible to track and analyze user behavior on the website over a period of 24 hours.
  • Name:
  • Domain:
  • Purpose:
    The _gat_gtag_UA_77241503_1 cookie is part of Google Analytics and Google Tag Manager and is used to throttle the request rate, i.e. it limits data collection on high traffic websites. This cookie is linked to a specific Google Analytics property ID (in this case UA-77241503-1), which means that it is used for performance monitoring and control of data collection for that specific website property.

The EU’s tenth package of sanctions against Russia

After a reportedly heated debate among EU leaders, the EU has adopted its long announced tenth package of sanctions at the anniversary of Russia’s aggression against Ukraine. The latest package introduces yet another set of comprehensive sanctions, including additional financial sanctions on individuals, companies, and three additional Russian banks, the expansion of export and import bans, measure aimed at strengthening enforcement and preventing circumvention, as well as further measures. No additional measures were taken with respect to Belarus. Here are the details:

Additional listings of individuals, companies, and banks

Through Council Implementing Regulation (EU) 2023/429, the EU has added about 120 individuals and entities to the sanction list of Regulation (EU) No 269/2014, including Russian decision-makers, senior government officials and military leaders as well as Iranians involved in supply of Russia with drones. In addition, members and supporters of the Wagner mercenary group have been added. The newly sanctioned Russian companies include Avrora JSC, Battery Company Rigel JSC, Limited Liability Company “Commercial Vehicles – GAZ Group”, Limited Liability Company United Machine-Building Group, JSC Ural Civil Aviation Factory, AO Plasma, and Atomflot, among others.

In addition, Alfa-Bank JSC, PJSC Rosbank, and Tinkoff Bank JSC have been sanctioned.

Under Article 2 of Regulation (EU) No 269/2014, all assets of these individuals and entities shall be frozen. It is prohibited to make available, directly or indirectly, funds and economic resources to them.

Council Regulation (EU) 2023/426 provides for certain exceptions and grace periods with respect to the newly sanctioned persons and entities and further introduces reporting obligations on frozen assets and those which should be frozen.

Additional trade restrictions

Council Regulation (EU) 2023/427 has once again significantly expanded the restrictions under Regulation (EU) No 833/2014 (Regulation):

  • Further sensitive goods are now subject to export restrictions under Article 2a of the Regulation. This applies to certain electronic components used in drones, missiles, helicopters, and other vehicles, as well as specific rare earths and thermal cameras, as listed in Annex VII to the Regulation. Note that a grace period applies with respect to contracts in relation to these goods.

  • 96 further Russian and, for the first time, also seven Iranian entities have been added to Annex IV to the Regulation. For these companies and organisations, the supply with dual-use and advanced technology goods is even further restricted.

  • The transit via Russian territory of dual-use goods listed in Annex I to the Dual-use Regulation (EU) 2021/821 and firearms is now generally prohibited (new Article 2 (1a) and Article 2aa (1a) of the Regulation, respectively).

  • Turbojets and turbopropellers as well as their parts, as listed in Annex XI, Part D, are now subject to the export restrictions of Article 3c of the Regulation as well. Pre-existing contracts may be executed until 27 March 2023 (new Article 3c (5c) of the Regulation).

  • The export bans under Article 3k of the Regulation are expanded to several categories of goods now listed in Annex XXIII, Part C, including:

  • heavy trucks and semi-trailers as well as their parts (e.g., CN codes 870310, 870423, 871639, 871690 – the latter of which had already partly been subject to the luxury goods embargo),

  • electric generators, binoculars, radars, compasses,

  • construction goods, such as flat-rolled iron and steel products, bridges, structures for buildings tower-like, fork-lifts trucks, cranes, etc.,

  • electronics, machine parts, pumps, machinery, such as drilling and boring machines, and

  • complete industrial plants.

A grace period applies for pre-existing contracts until 27 March 2023 (Article 3k (3c) of the Regulation) and authorities may grant exceptions, e.g., for the purposes of the production of titanium goods required in the aeronautic industry, for which no alternative supply is available (Article 3k (5b) of the Regulation).

  • The imports ban of Article 3i of the Regulation has been expanded to cover goods listed in Annex XXI Part C to the Regulation, namely bitumen and related materials like asphalt (goods with the CN codes 2712, 2713, 2714 and 2715) as well as synthetic rubber (CN code 4002) and carbon blacks (CN code 2803). Existing contracts may be executed until 27 May 2023 (Article 3i (3d) of the Regulation). However, the grace period is extended for synthetic rubber and carbon blocks until 30 June 2024 of specific quantities (Article 3i (3da) of the Regulation).

  • Newly added Article 12e of the Regulation provides further rules in relation to goods subject to import restrictions “stuck in customs”: It clarifies that goods in the EU may be released by the authorities if they have been presented to customs before the entry into force or applicability of the respective import restriction.

Further measures

Further provisions introduced to the Regulation provide for the following:

  • Newly added Article 5aa (3) and Article 12d of the Regulation permit pilot services necessary for reasons of maritime safety;

  • Article 5o of the Regulation prohibits, as of 27 March 2023, to allow Russians to hold posts in governing bodies of the owners or operators of (European) critical infrastructures and critical entities (as defined in new Article 1 (y), (z), (za) and (zb) of the Regulation);

  • Article 5p prohibits to provide storage capacity to Russian nationals and entities in gas storage facilities (LNG excluded);

  • Article 5a (4a) to (4e) of the Regulation imposes for new reporting obligations on Russian Central Bank assets;

  • Article 3d (5) of the Regulation provides that private flights between the EU and Russia shall be notified by aircraft operators in advance;

  • Finally, two additional media outlets have been added to the media ban under Article 2f and Annex XV to the Regulation, namely RT Arabic and Sputnik Arabic.

Rules on Divestments

To facilitate divestments of EU companies, the wind-down periods in connection with the transaction ban of Article 5aa was further extended for half a year until 31 December 2023 (Article 5aa (3) (d) and (3a) of the Regulation). In addition, authorities may now not only authorize the export or import of goods for the purpose of facilitating a divestment, but also permit services prohibited under Article 5n of the Regulation (Article 12b (2a) of the Regulation).

Recast of Annexes

Please note that Annexes VII and XXIII of Regulation (EU) No 833/2014, in particular, have again been recast. It cannot be ruled out that further changes have been made. We recommend that you check your products carefully against these lists before selling, supplying, transferring, or exporting them to Russia or for use in Russia.

We continue to follow developments in EU sanctions closely. BLOMSTEIN is at your disposal at any time to answer questions on the practical implementation as well as on the scope of application of these measures. Please do not hesitate to contact Pascal Friton, Roland M. Stein, Florian Wolf, Laura Louca or Tobias Ackermann.