Australia imposes autonomous sanctions in relation to Russia in response to the Russian threat to the sovereignty and territorial integrity of Ukraine. They were first imposed in 2014 and extended in 2015 and 2022. Australia imposes other autonomous sanctions in relation to the specified Ukraine regions in response to the Russian threat to the sovereignty and territorial integrity of Ukraine. Go to the Specified Ukraine Regions Sanctions Regime and the Ukraine Sanctions Regime for further information. Australia will also extend to the Donetsk and Luhansk regions of Ukraine the sanctions measures already applied to Crimea and Sevastopol. These sanctions measures target exports and commercial activity in relation to the transport, telecommunications, energy and exploitation of oil, gas and mineral reserve sectors; and prohibit all imports. These sanctions measures will apply to the Donetsk and Luhansk regions of Ukraine from 28 March 2022. This will allow Australians and Australian entities with interests in those regions to consider whether their activities are captured by the sanctions measures; and if they are, either to cease their activities, or to apply to the Minister for Foreign Affairs for a sanctions permit to continue their activities. The Regulations also include a power for the Minister to specify other areas of Ukraine, should they fall under Russian influence, to which these sanctions measures would then apply.
The Australian Government introduced new manufacturing, labelling and packaging requirements for medicinal cannabis products manufactured or supplied in Australia, under amendments to the Therapeutic Goods (Standard for Medicinal Cannabis) (TGO 93) Amendment Order 2022 (Amendment Order), effective as of 28 March 2022.
The Amendment Order:
The Tariff Schedule Committee of China formally announce to extend the first batch of first and second groups once again of extra tariff exclusion against import US commodities. The last exclusions were published in Tariff Schedule Committee announcement  No. 7,  No. 8 and  No.2, which expired on April 16,2022. Adapted to the context, Tariff Schedule Committee has decided in accordance with procedures to extend the exclusion period for the above-mentioned commodities. As for the 81 items listed in the Annex, China will continue to suspend retaliatory tariff imposed in response to the US Section 301 Measures from Apr 17, 2022 to November 30,2022.
The European Commission has proposed to suspend for one year import duties on all Ukrainian exports to the European Union. The proposal, which is an unprecedented gesture of support for a country at war, would also see the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel exports. This far-reaching step is designed to help boost Ukraine's exports to the EU. It will help alleviate the difficult situation of Ukrainian producers and exporters in the face of Russia's military invasion.
Having regard to Regulation (EU) 2021/821 of the European Parliament and of the Council of 20 May 2021 setting up a Union regime for the control of exports, brokering, technical assistance, transit and transfer of dual-use items (1), and in particular Article 17(2) thereof, Whereas:
In view of the direct threat to European peace and security posed by the conflict, there exist imperative grounds of urgency for removing Russia from the scope of Union general export authorisations Nos EU003, EU004, and EU005. For that reason, the urgency procedure provided for in Article 19(1) of Regulation (EU) 2021/821 should apply and this delegated act should enter into force on the day following that of its publication in the Official Journal of the European Union.
This Regulation entered into force on the 3rd May 2022 following that of its publication in the Official Journal of the European Union.
In light of Russia’s continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine, the Council decided to impose a fifth package of economic and individual sanctions against Russia. The agreed package includes a series of measures intended to reinforce pressure on the Russian government and economy, and to limit the Kremlin’s resources for the aggression.
The package comprises:
Speaking at the European Parliament plenary session, President of the Commission Ursula von der Leyen announced the sixth package of EU sanctions against Russia in response to its invasion of Ukraine. She proposed a gradual ban on the import of all Russian oil. The package also includes measures against Russia’s military officers, three major banks and certain TV channels. These measures are smart and targeted, hitting Russia where it hurts (with maximum impact on the Russian political elite) and are well coordinated with our allies.
The sanctions are listed below.
A package of sanctions against Belarus hitting their most important sectors and individuals supporting the Russian war effort. Sanctions to close existing loopholes and impose further import and export restrictions on key economic sectors:
WTO accession process
In light of Belarus’ material support to the Russian invasion, its accession process is suspended and the EU will not participate in any accession-related work. This was confirmed in a joint statement with other like-minded WTO members on 22 March.
Fact: The sanctions will significantly reinforce the current sectoral measures, targeting 5 of the top 10 export sectors of the Belarusian economy and the most important EU exports to Belarus. The measures will now cover almost 70% of all Belarusian exports to the EU.
”Freeze and Seize” Task Force
The Commission has set up a “Freeze and Seize Task Force” to explore the links between assets belonging to persons listed under EU sanctions and criminal activities. While investigations and prosecutions are the responsibility of Member States, the aim of the Task Force is to strengthen coordination that is needed at operational level to ensure the effective enforcement of EU sanctions across all Member States.
The Task Force is composed of the representatives of the Commission, contact points from each Member State, Eurojust and Europol. It will coordinate its work with the “Russian Elites, Proxies, and Oligarchs (REPO) Task Force” set up between the G7 countries, Australia and the European Union. It will meet weekly and will remain operational for the time necessary.
Russia’s top lender Sberbank (SBER.MM) said that it was initiating investment arbitration proceedings against Ukraine after its parliament approved a presidential decree allowing for the forced seizure of Sberbank-owned assets in the country. Ukraine’s parliament, or Rada, approved President Volodymyr Zelenskiy’s decree that allows Ukraine to forcibly seize the assets of Sberbank-owned International Reserve Bank. The decree also allows the seizure of a subsidiary of Russian state development bank VEB, Prominvestbank.
In view of Russia’s ongoing military aggression in Ukraine, the Federal Council enacted further sanctions against Russia and Belarus on 27 April. This implements the Federal Council's decision of 13 April to adopt the EU's latest package of sanctions. The measures come into force at 6pm on 27 April 2022.
With the decision of 27 April, Switzerland is implementing the new measures decided by the EU on 8 April in view of Russia's ongoing military aggression in Ukraine. The Federal Department of Economic Affairs, Education and Research (EAER) had already updated the list of sanctioned individuals, companies and entities on 13 April, resulting in the sanctioning of over 200 further individuals and entities. The Federal Council took the decision to adopt the EU's fifth package of sanctions at its meeting on 13 April. Following an analysis of the EU texts and in cooperation with the other agencies involved, the EAER prepared the incorporation of the measures into Swiss law and the amendments to the Ordinance on measures in connection with the situation in Ukraine and the Ordinance on measures against Belarus.
The new measures include far-reaching sanctions on goods, including a ban on imports of lignite and coal as well as on goods that are important sources of revenue for Russia (e.g. timber, cement, seafood, caviar). In addition, there are export bans on goods that can help strengthen Russia's industrial capacities (e.g. industrial robots or certain chemical products). On 27 April, the Federal Council also adopted an amendment to the Ordinance on measures against Belarus (SR 9126.96.36.199). The bans on the export of banknotes and the sale of securities to Belarusian nationals or residents or entities are extended to all official currencies of EU Member States. Until now, only securities and banknotes in Swiss francs and in euros were affected (the same measure is also planned for Russia). The new measures came into force at 6pm on 27 April 2022.
Switzerland has implemented more European Union sanctions against Russia and Belarus, in steps designed to reduce the countries' ability to raise funds or expand their industrial capacity. The new measures include an import ban on lignite, coal and other items such as caviar, timber and seafood which are seen as important sources of revenue for Russia. Also banned are exports to Russia of Swiss goods such as industrial robots and certain chemicals which could be used to strengthen Moscow's industrial production. Further financial sanctions will also come into effect, including no longer allowing trusts to be registered in Switzerland for resident Russian nationals.
The President signed into law two bills suspending normal trade relations with Russia and Belarus and banning the import of Russian energy products. Both measures passed Congress by an overwhelming majority in the US House of Representatives and unanimous votes in the US Senate. President Biden issued an Executive Order (“EO 14066“) that bans the importation of Russian oil, liquefied natural gas, and coal. EO 14066 also bans new US investment in Russia’s energy sector and prohibits US financing for foreign companies investing in Russian energy. This law statutorily bans the import of Russian oil and energy products into the United States (specifically, all products under Chapter 27 of the Harmonized Tariff Schedule (“HTS”)), requiring that it be done in a manner consistent with EO 14066.