EU introduces “Best Efforts” requirement for non-EU subsidiaries not to undermine EU sanctions against Russia

EU-Introduces-Best-Efforts-Requirement-for-Non-EU-Subsidiaries-Not-to-Undermine-EU-Sanctions-Against-Russia

The EU’s 14th “package” of sanctions against Russia introduces anti-circumvention measures targeting the non-EU subsidiaries of EU entities and creates new restrictions, including on LNG. Here’s a review of those sanctions and subsequent updates.

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