Sanctioned persons: get to know your customers and suppliers

Customs Compliance & Risk Management, Issue 14, April / May 2022
Andrius Košel
Andrius Košel
Attorney-at-law, Counsel, professional law partnership NOOR legal, Lithuania
Published 30 Apr 2022
Sanctioned persons: get to know your customers and suppliers

Photo by Arisa Chattasa on Unsplash

Overviews and comments
Non-tariff measures
restrictions
As you know, the European Union has adopted several packages of restrictive measures against the Russian Federation in the wake of the Russian war of aggression against Ukraine and restrictive measures against the Republic of Belarus in the light of the situation in Belarus. All these measures must be effectively implemented by the competent authorities and the EU economic operators. Let us discuss one of the measures - directly and indirectly sanctioned persons and how to identify them so that they do not appear among customers or suppliers.