12 August 2014

European Union Sanctions in respect of Crimea and Sevastopol (5.499)

Download circular (PDF, 106.5 KB)

This circular explains the European Union restrictions applying to trade in goods originating in Crimea or Sevastopol, together with related financing, insurance and reinsurance measures.

London P&I also outlines the scope of the rules, the key prohibitions, limited exemptions and the effect on vessels, members and insurers.