UK Government further
expands Russia regulations
Further adding to the existing Russia Regulations introduced by the UK Government since Russia’s invasion of Ukraine, the latest amendment aims to prevent the circumvention of previously imposed sanctions and prohibits the import of Russian steel and iron products processed in third countries from September 30th 2023.
The goods affected by the new Regulation are defined under Schedule 3B of the Russia Sanctions Regulations, and can meet the following criteria:
- Have been “altered, transformed in any way; or subjected to any type of operation or process” in a third country
- Incorporate one or more Schedule 3B iron and steel products of Russian origin
Importers and traders need to have relevant documents to demonstrate the imported goods’ supply chain. Proofs required could include:
- The country of origin of the iron and steel products processed in the third country (or third countries) after the fact
- The date that the iron and steel product left its country of origin
- The country(s) and facility(s) where processing has taken place
- Mill Test Certificate/s (MTC/MCTs) where the relevant information cannot be summarised in a single document.
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