Article
3/1/2025
New EU Export Regulations:
On 18 December 2024, the European Commission introduced significant updates to Article 12g of Council Regulation 833/2014, mandating the inclusion of a "no re-export to Russia" clause in contracts for certain sensitive goods and technologies. This update directly impacts exporters shipping items listed in Annexes XI, XX, XXXV, and XL of Regulation 833/2014. Non-compliance can result in severe legal and financial penalties.