EU set to ban import of Russian gold in sanctions move - reports

Mark Battersby
clock • 1 min read

The European Commission is set to adopt on 15 July its seventh package of sanctions against Russia, which will add a ban to the import of Russian gold and alter current restrictive measures to avoid hampering food exports, according to a report by Reuters citing two officials. The new measures are considered "a maintenance and alignment package," one of the officials said, referring to it as a "sixth-and-a-half" set of sanctions for its limited scope compared with previous rounds that hit Russian oil or coal. The draft package includes a ban on imports of Russian gold into the EU, a p...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?