UK Announces Further Russia Export Restrictions, Including Ban on Jet Fuel
The U.K.'s Export Control Joint Unit on June 23 introduced new export restrictions against Russia. The restrictions prohibit the "export, supply and delivery, making available and transfer" of goods and technology used for internal repression, relating to biological and chemical weapons and maritime, as well as additional oil refining and critical industry. Further restrictions include bans on the export of jet fuel and fuel additives, sterling or EU-denominated banknotes and prohibitions on the import, acquisition or supply and delivery of revenue-generating goods that originate in or are consigned from Russia.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The ECJU also banned the provision of technical assistance and financial services and brokering services over iron and steel imports from Russia. The announcement clarified that some of the new provisions will apply to Russia and "the non-government-controlled Ukraine territories." Some exceptions will apply to the bans, which the ECJU said "are set out in detail in the legislation."