NTE 2020/22: General Trade Licence Russia sanctions
Published 24 December 2020
The Export Control Joint Unit (ECJU) has published a General Licence permitting the provision of certain technical assistance, financial services and funds, and brokering services otherwise prohibited under regulations 43, 44 or 45 of the Russia (Sanction) (EU Exit) Regulations 2019 (the “Regulations”) in relation to energy-related goods. The licence only permits these activities where the goods are not for use in Russia.
Read the general trade licence.
The licence comes into force at 11pm on 31 December 2020. Any person seeking to rely on the licence must register online via SPIRE within 30 days of their first use of the licence.
Where the assistance, services or funds are provided in relation to energy-related goods for use in Russia then the service provider will need to apply for an individual licence.
The licence does not permit the export or supply of any goods and does not permit the provision of funds prohibited under Part 3 of the Regulations.