COUNCIL DECISION (CFSP) 2022/430

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on European Union, and in particular Article 29 thereof,

Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,

Whereas: HAS ADOPTED THIS DECISION:

Article 1
Decision 2014/512/CFSP is amended as follows: {| class="wikitable"
 * (1)
 * the following Article is inserted:

‘Article 1aa
1.   It shall be prohibited to directly or indirectly engage in any transaction with: 2.   The prohibition in paragraph 1 shall not apply to the execution until 15 May 2022 of contracts concluded before 16 March 2022 or ancillary contracts necessary for the execution of such contracts.

3.   The prohibition in paragraph 1 shall not apply to: {| class="wikitable"
 * }
 * (2)
 * the following Article is inserted:

‘Article 1g
1.   It shall be prohibited as of 15 April 2022 to provide credit rating services to any Russian national or natural person residing in Russia or any legal person, entity or body established in Russia.

2.   It shall be prohibited as of 15 April 2022 to provide access to any subscription services in relation to credit rating activities to any Russian national or natural person residing in Russia or any legal person, entity or body established in Russia.

3.   Paragraphs 1 and 2 shall not apply to nationals of a Member State or natural persons having a temporary or permanent residence permit in a Member State.’; {| class="wikitable"
 * }
 * (4)
 * in Article 3a, paragraph 7 is replaced by the following:

‘7.   When deciding on requests for authorisations in accordance with paragraphs 4 and 5 of this Article, the competent authorities shall not grant an authorisation if they have reasonable grounds to believe that:

{| class="wikitable"
 * }
 * (6)
 * Article 4 is replaced by the following:

‘Article 4
1.   It shall be prohibited to sell, supply, transfer or export, directly or indirectly, certain goods and technology suited to certain categories of exploration and production projects, whether or not originating in the Union, to any natural or legal person, entity or body in Russia, including its Exclusive Economic Zone and Continental Shelf, or for use in Russia, including its Exclusive Economic Zone and Continental Shelf.

The Union shall take the necessary measures in order to determine the relevant items to be covered by this paragraph.

2.   It shall be prohibited to: 3.   The prohibitions in paragraphs 1 and 2 shall not apply to the sale, supply, transfer or export of goods or technology, or to the provision of technical or financial assistance, necessary for: 4.   The prohibitions in paragraphs 1 and 2 shall not apply to the execution until 17 September 2022 of an obligation arising from a contract concluded before 16 March 2022, or ancillary contracts necessary for the execution of such a contract, provided that the competent authority has been informed at least five working days in advance.

5.   The prohibitions in paragraph 2 shall not apply to the provision of insurance or reinsurance to any legal person, entity or body that is incorporated or constituted under the law of a Member State with regard to its activities outside the energy sector in Russia.

6.   By way of derogation from paragraphs 1 and 2, the competent authorities may authorise, under such conditions as they deem appropriate, the sale, supply, transfer or export and the provision of technical or financial assistance, after having determined that: 7.   The Member State or Member States concerned shall inform the other Member States and the Commission of any authorisation granted under paragraph 6 within two weeks of the authorisation.’; {| class="wikitable"
 * }
 * (7)
 * Article 4a is replaced by the following:

‘Article 4a
1.   It shall be prohibited to: 2.   By way of derogation from paragraph 1 the competent authorities may authorise, under such conditions as they deem appropriate, any activity referred to in paragraph 1 after having determined that: 3.   The Member State or Member States concerned shall inform the other Member States and the Commission of any authorisation granted under paragraph 2 within two weeks of the authorisation.’; {| class="wikitable"
 * }
 * (9)
 * the following Articles are inserted:

‘Article 4i
1.   It shall be prohibited: The Union shall take the necessary measures in order to determine the relevant items to be covered by this paragraph.

2.   The prohibitions in paragraph 1 shall not apply to the execution until 17 June 2022 of contracts concluded before 16 March 2022, or ancillary contracts necessary for the execution of such contracts.

Article 4j
1.   It shall be prohibited to sell, supply, transfer or export, directly or indirectly, luxury goods to any natural or legal person, entity or body in Russia or for use in Russia.

2.   The prohibition referred to in paragraph 1 shall apply to luxury goods insofar as their value exceeds EUR 300 per item.

3.   The prohibition referred to in paragraph 1 shall not apply to goods which are necessary for the official purposes of diplomatic or consular missions of Member States or partner countries in Russia or of international organisations enjoying immunities in accordance with international law, or to the personal effects of their staff.

4.   The Union shall take the necessary measures in order to determine the relevant items to be covered by this Article.’;
 * }

Article 2
This Decision shall enter into force on the day following that of its publication in the Official Journal of the European Union.


 * Done at Brussels, 15 March 2022.

ANNEX
(1)   In Annex IV to Decision 2014/512/CFSP, the following entries are inserted: (2)   the following is added as Annex X to Decision 2014/512/CFSP:

‘ANNEX X
’