New information on the sanctions against Russia
The European Union's eighth package of sanctions against Russia has included new import restrictions since the beginning of October. After super-yachts, these now also affect recreational craft.Accordingly, in addition to numerous other measures taken, the imports of products falling under CN code #8903 are now also prohibited, including related technical assistance, brokering services or other related services and financing. This does not apply to contracts signed before 7 October 2022 and expected to be complied with by 8 January 2023.
The European Commission confirmed this on 7 November to the EBI, of which IMCI is a sustaining member.
The CN code (combined nomenclature code) #8903 covers " yachts and other vessels for pleasure or sports; rowing boats and canoes".