ARTICLE
9 August 2024

The 12th EU Sanctions Package In Limbo

SA
Schoenherr Attorneys at Law

Contributor

We are a full-service law firm with a footprint in Central and Eastern Europe providing local and international companies stellar advice. As the go-to legal advisor for complex commercial matters in the region, Schoenherr aims to use its proximity to industry leaders, in developing practical solutions for future challenges. We keep a close eye on trends and developments, which enables us to provide high quality legal advice that is straight to the point.
At the time of this writing, diplomatic efforts were underway to reach consensus on the next package of sanctions against Russia.
Austria International Law
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At the time of this writing, diplomatic efforts were underway to reach consensus on the next package of sanctions against Russia. A significant point of contention is the "no-Russia clause", which would force EU companies to implement a re-export prohibition to Russia for all goods in the list of custom codes. Only time will tell how this will be resolved.

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