NewsCase StudiesEvents

Update for UK companies trading in Russia and Ukraine

Also in the news...

UK-Norway Iceland Liechtenstein free trade agreement

Business guidance, reports and other documents to help you understand the UK-Norway, Iceland, and Liechtenstein free trade agreement (FTA).

Essential Steps Before Launching an International Auction Business

Expanding a business internationally presents unique challenges, particularly when that business involves auctions. The global auction market continues to grow as more entrepreneurs see its potential for reaching new customers across borders. However, success in this specialised field requires careful planning and the right technological foundation.

Innovative Welsh exporter puts Britain at the forefront of global immunisation efforts

UK Export Finance supports renewable energy tech company Dulas to deliver life-saving vaccine refrigerators to over 80 countries worldwide.

British aerospace manufacturers to benefit from UK-US trade deal

British aerospace manufacturers to benefit from UK-US trade deal as further details announced

PM secures new agreement with EU to benefit British people

UK secures new agreement with the European Union to support British businesses, back British jobs, and put more money in people’s pockets.

Update for UK companies trading in Russia and Ukraine

Back to News

Latest information for UK businesses on Russia and Ukraine, including the Crimea, following the introduction of EU sanctions on 29 July 2014.

The European Union (EU) sanctions are designed to deter further destabilisation, and convince Russia to engage with the international community. They have been closely coordinated with a wide range of international partners.

The UK government is keeping its economic engagement with Russia under close review. Some bilateral cooperation and trade support activity is being affected.

Decisions on any further diplomatic, political and economic measures will be taken in close collaboration with EU and G7 partners.

The UK government will continue to offer UK companies support and advice. Commercial decisions are ultimately for companies to make themselves on the basis of commercial risk, bearing in mind increased risk that high profile business engagement might be exploited by Russia for political reasons.

UK companies encountering obstacles to business in Russia or Ukraine should contact the Department for Business, Innovations & Skills (BIS) helpline on 0300 456 3565.

gov.uk

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.