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The second Notice to Exporters of 2024 published 18th January 2024, relates to the General Trade Licence Russia Sanctions.
The General Trade Licence has been revised to include the following within its scope:
- Regulation 46XB (import of Schedule 3DA revenue-generating goods)
- Regulation 46XD (supply and delivery of Schedule 3DA revenue-generating goods to a third country)
- Regulation 46XE (technical assistance relating to Schedule 3DA revenue-generating goods)
- Regulation 46XF (financial services and funds relating to Schedule 3DA revenue-generating goods)
- Regulation 46XG (brokering services relating to Schedule 3DA revenue-generating goods)
The licence can be found here: General Trade Licence: Russia Sanctions - Vessels
The licence comes into force immediately on the 18th of January 2024.
Anyone seeking to rely on this licence must register online via SPIRE within 30 days of their first licence use.
If you are interested in exploring this topic further, you might find it worthwhile to consider the training courses and live clinics offered by Strong & Herd LLP:
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