Sanctions as a response to Russia's illegal annexation of Crimea and Sevastopol

Description of the sanctions

1. Import prohibitions

It is prohibited to import to the EU goods originating in Crimea and Sevastopol or to provide, directly or indirectly, financing or financial assistance, as well as insurance and reinsurance, related to the import of such goods. Exempt from the prohibition are imports of goods which have been controlled by and granted a certificate of origin from the Ukrainian authorities.

2. Export prohibitions on key equipment and technology for infrastructure projects and the exploitation of oil, gas and minerals

It is prohibited to directly or indirectly sell, supply, transfer or export to Crimea or Sevastopol, or for use there, certain equipment or technology suitable for use in the transport, telecommunications or energy sectors, or for the extraction of oil, gas and minerals. The products covered by these prohibitions are listed in an annex to the relevant EU regulation (see under 'Relevant documents').

It is also prohibited to provide technical or financial assistance related to such equipment and technology.

Until 21 March 2015, the prohibition does not affect the completion of contracts entered into before 20 December 2014, under the condition that the competent authority has been notified of this at least five working days in advance. Exceptions to the prohibitions can be granted by the competent authority, for instance, for the benefit of hospitals, health care and education, and in situations that pose a threat to the environment and people's health.

3. Investment prohibitions

No loans or credits may be granted for the creation, acquisition or development of entities (e.g. companies) in Crimea or Sevastopol. It is prohibited to acquire shares in such entities and to extend existing shares, and to create joint ventures with entities there. It is also forbidden to acquire land or extend land acquisitions in Crimea and Sevastopol.

There is also a prohibition on providing investment services concerning actions that are prohibited.

The investment prohibitions do not affect the fulfilment of obligations entered into through contracts concluded before 20 December 2014, on the condition that the competent authority has been notified at least five days in advance.

Exceptions to the prohibitions can be granted by the competent authority, for instance, for hospitals, health care and education, and in situations that pose a threat to the environment and people's health.

4. Prohibition on technical assistance, brokering, construction and engineering services

It is prohibited to provide these types of services if they directly involve infrastructure in Crimea or Sevastopol within the transport, telecommunications or energy sectors, or in the exploration and extraction of oil, gas and mineral resources.

This prohibition does not affect the fulfilment before 21 March 2015 of obligations entered into through contracts concluded before 20 December 2014.

5. Prohibition on tourism-related services

It is prohibited to provide services directly related to tourism activities in Crimea or Sevastopol. Particular mention is made of a prohibition on cruise vessels sailing under the flag of an EU country or operated by a person in the EU entering any of the ports in Crimea or Sevastopol that are listed in the annex to the relevant EU regulation (see 'Relevant documents').

This prohibition does not affect the fulfilment before 21 March 2015 of obligations entered into through contracts concluded before 20 December 2014, on the condition that the competent authority has been notified at least five working days in advance.

Competent Swedish authorities

The National Board of Trade is the competent Swedish authority for receiving notifications of the intention to fulfil obligations under contracts entered into before a certain date. The Board is also the competent authority for issuing permits to conduct activities that are otherwise prohibited in certain exceptional cases.

Links to the competent authorities are available below.

Contact

Josefin Simonsson Brodén
Sanctions Coordinator
Phone (switchboard) +46 8 405 10 00
email to Josefin Simonsson Brodén