Debriefing session on the EU's Russia Sanctions
2022-04-07 | All chapters
On the 24th February, Russia invaded Ukraine marking the beginning of a war that has carried on for well over a month now. Although EU leaders had already imposed sanctions on Russia prior, the full-scale military attack prompted a unprecedented European response, with several rounds of restrictive measures imposed over the subsequent weeks. These restrictive measures have ranged from export controls on key technologies to bans on transactions with the Russian and Belarussian Central Banks and restrictions on the use of SWIFT by a number of Russian players, among others.
Given the impact that these restrictive measures have had and are bound to have on European economic operators all over the world, the European Chamber, along with the German, French, Italian and Danish Chambers and the EU SME Centre, organised on the 7th April a free-of-charge debriefing session for their members where European Commission officials discussed the details of these sanctions packages and their implications for European businesses.