Regulation (EU) No 833/2014 gives effect to certain measures provided for in Council Decision 2014/512/CFSP.
Decision (CFSP) 2023/2874 expands the list of entities subject to tighter export restrictions, adding 29 new entities directly supporting Russia’s military-industrial complex in its aggression against Ukraine.
Decision (CFSP) 2023/2874 expands the list of items which contribute to Russia’s military and technological enhancement or to the development of its defence and security sector.
Decision (CFSP) 2023/2874 introduces a list of partner countries which apply a set of restrictive measures on imports of iron and steel and a set of import control measures and extends the wind-down period for imports.
Decision (CFSP) 2023/2874 imposes further restrictions on exports of goods which could contribute in particular to the enhancement of Russian industrial capacities.
Decision (CFSP) 2023/2874 introduces further restrictions on imports of goods which generate significant revenues for Russia, thereby enabling the continuation of its war of aggression against Ukraine
In addition, Decision (CFSP) 2023/2874 permits Member States to allow the entry into the Union of personal effects which do not pose significant circumvention concerns, such as personal hygiene items, or clothing worn by travellers or contained in their luggage, and which are clearly intended for their or their family members’ strict personal use.
Decision (CFSP) 2023/2874 introduces a derogation enabling the granting of loans or credits to entities operating in the Russian energy sector which are subject to the transaction ban
Decision (CFSP) 2023/2874 imposes a prohibition on the direct or indirect import, purchase or transfer of diamonds from Russia. That prohibition applies to diamonds originating in Russia, diamonds exported from Russia, diamonds transiting Russia and Russian diamonds when processed in third countries other than Russia.
Decision (CFSP) 2023/2874 prolongs by an additional year specific derogations from the prohibition on imports from Russia of crude oil and petroleum products in order to ensure the security of supply of certain Member States.
Decision (CFSP) 2023/2874 provides for a notification obligation for the sale of tankers to any third country and a derogation from the prohibition on the sale of tankers to Russian persons and entities, or for use in Russia
Decision (CFSP) 2023/2874 further seeks to limit circumvention of the prohibition on the provision of crypto-asset wallet, account or custody services to Russian persons and residents by including a ban on Russian nationals or natural persons residing in Russia from owning or controlling, or holding any posts on the governing bodies of, the legal persons, entities or bodies providing such services.
Decision (CFSP) 2023/2874 extends the existing prohibition on the provision of services to also include the provision of software for the management of enterprises and software for industrial design and manufacture, subject to appropriate exemptions and derogations.
Decision (CFSP) 2023/2874 also imposes certain reporting requirements for the transfer of funds out of the Union made by entities established in the Union, including Special Purpose Entities, whose proprietary rights are owned by entities established in Russia, by Russian nationals or by natural persons residing in Russia.
Decision (CFSP) 2023/2874 requires that exporters contractually prohibit re-exportation to Russia and re-exportation for use in Russia of sensitive goods and technology as listed in Annexes XI, XX and XXXV to Regulation (EU) No 833/2014, common high priority items, or firearms and ammunition as listed in Annex I to Regulation (EU) No 258/2012 and
Decision (CFSP) 2023/2874 makes certain technical amendments
