David Lorello

Jul 1, 2024 | lexology.com | David Lorello |Jonathan Gimblett |Emanuel Ghebregergis |Georg Stigelbauer

On 24 June 2024, the Council of the European Union (the “Council”) adopted a new package of economic sanctions against Russia. This 14th package of sanctions introduces a broad range of new prohibitions, including new export and import sanctions, new services restrictions, new sanctions designations, and further measures targeting the Russian financial and energy sectors.

Dec 21, 2023 | lexology.com | David Lorello |Emanuel Ghebregergis |Thomas McGuire

On 18 December 2023, the Council of the European Union (the “Council”) adopted a new package of economic sanctions against Russia. As we had outlined in our previous alert, this12th package of sanctions includes a range of new measures such as the wind down of an existing exemption allowing the provision of restricted business services to subsidiaries of EU companies, new export and import sanctions, an import ban in relation to Russian diamonds and new asset-freezing designations.

Jul 3, 2023 | lexblog.com | David Lorello |Emanuel Ghebregergis |Thomas McGuire

On 23 June 2023, the Council of the European Union (the “Council”) adopted a new package of economic sanctions against Russia. In addition to new asset-freezing designations, this eleventh package of sanctions includes new trade, transport and financial restrictive measures.