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04 July 2024

Client Alert

Raising The Bar: EU Expands Sanctions on Russian Maritime and Energy Operations :

EU Council enacted Regulation (EU) 2024/1745, introducing stricter sanctions targeting Russia's transport, maritime and energy sectors. The stringent new measures aim to prevent the circumvention of existing sanctions and to increase economic and financial pressure on Russia amid the ongoing conflict in Ukraine.

ErsoyBilgehan
ErsoyBilgehan

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corporate, finance, regulation, petroleum, istanbul, e-commerce, arbitration, railway, advance dividends, foreign awards, national markers, energy, natural resources, letter of guarantee, interim dividends

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