BIS clarifies Crimea import restrictions

We previously reported that on 23 June 2014, the European Union prohibited the import of goods originating in Crimea or Sevastopol. See Decision 2014/386 and Regulation 692/2014. Those measures also introduce a restriction on EU companies providing finance, financial assistance, insurance or re-insurance relating to the import of goods originating in Crimea or Sevastopol. The Department for Business,…