Notice NTE 2022/28: New General Trade Licence - Russian Sanctions

BY:

Steve Berry
10 November 2022

SHARE:

Notice To Exporters 2022/28 - As Trade Restrictions with Russia continue to evolve and increase are new General Trade Licence has been issued in relation to trade and financial services for specialised fertiliser goods supplied for agricultural use.

Introduction

The Export Control Joint Unit (ECJU) has published the General trade licence Russia sanctions – financial services and funds related to fertilisers. The licence permits the provision of certain financial services and funds otherwise prohibited under regulations 28(1)(b), 28(1)(c), 28(2), 46Z1(1)(b), 46Z1(1)(c) and 46Z1(2) of the Russia (Sanction) (EU Exit) Regulations 2019 (the “Regulations”).



The general licence permits the provision of financial services and making funds available to a person connected with Russia for the supply or delivery of specified fertiliser goods from Russia to a third country, and making specified fertiliser goods available from Russia to a person in a third country, where they are intended for agricultural use only.


Read the general trade licence

The specified fertiliser goods are listed within the licence.

The licence comes into force on 9 November 2022. Subject to being able to comply with the conditions of the licence, any person seeking to rely on the licence must register online via SPIRE within 30 days of their first use of the licence.



OneCall™ Email assistance as and when required; A one-call solution for all your import, export and customs enquiries. Export help. Import help. Customs help.

Stay informed about customs and international trade matters by subscribing to our OneCall™ service. This comprehensive offering includes a dedicated email helpline for support, timely practical updates direct to your inbox (Did You Know?), monthly UK Customs & Trade Briefings and access to an interactive members' area with an exclusive community for our subscribers.

Subscribe Today ➝

International Trade Updates & Spotlight Newsletter

Subscribe to our free information emails covering international trade topics...

Subscribe to our newsletter ➝

MORE INDUSTRY INSIGHTS...

by Gail Leeson 1 May 2025
Any trader moving animal or plant products over the borders into the UK will attest to the difficulties experienced if goods are not presented precisely as required by the cross-border IT systems supporting the UK Import Regulations.
by Gail Leeson 30 April 2025
The ECJU have published a further Notice to Exporters relating to Russian Sanctions. The notification NTE2025/10 was published on 25 April 2025, and the additions to restrictions on trade with Russia came into force on 24 April.
by Sandra Strong 24 April 2025
Banks have reported a resurgence in the use of Standby Letters of Credit (SBLC / SLOC), a facility which can provide assurance against defaults in supply contracts. We look at the benefits and limitations of SBLC and the reasons for their increasing popularity.
Show More