Since February, Russia, Cambodia, Brazil, South Korea and other countries have issued **ban or adjustment** restrictive measures, please relevant enterprises must pay attention to policy trends in a timely manner, effectively avoid risks, and reduce economic losses.
Gasoline exports will be banned for 6 months from March 1.
According to TASS on February 27**, Russia plans to ban gasoline exports for six months starting on March 1.
Suspension of exports of durum wheat.
Russia has suspended the export of durum wheat until May 31, 2024, according to a Russian announcement. The export ban does not cover durum wheat for international humanitarian assistance, durum wheat under the framework of international agreements, durum wheat destined for Abkhazia and South Ossetia, and durum wheat used as a military food reserve. Durum wheat may be exported to the member countries of the Eurasian Economic Union within the established quota and with the permission of the Ministry of Agriculture.
Import of frozen offal and meat is suspended.
Cambodian Prime Minister Hun Mane has instructed relevant ministries to explore the establishment of a modern marketing system, a move aimed at improving the domestic **, especially frozen meat and offal, in order to enhance the long-term resilience of the domestic ** chain. "We have previously implemented certain guidelines to stop importing certain types of frozen meat," he explained. For pork, chicken, and various other meats, we will suspend imports for six months starting in March. ”
The use of "forever chemicals" in cosmetics will be banned
Recently, the New Zealand Environmental Protection Agency (EPA) announced that it will ban the use of "permanent chemicals" in cosmetics by 2027. "Forever chemicals," also known as per- and polyfluoroalkyl substances (PFAS), can be found in products such as nail polish, shaving cream, foundation, lipstick, and mascara, and some studies have linked PFAS to disorders, infertility, and environmental damage. According to the new rules, from December 31, 2026, New Zealand will ban the import or production of PFAS cosmetics; As of 31 December 2027, the sale or ** of cosmetics containing PFAS is no longer permitted in New Zealand; By June 30, 2028, all cosmetics containing PFAS must be disposed of.
It is proposed to ban the import and sale of e-cigarettes.
Recently, the Kyrgyz parliament proposed to ban the import and sale of e-cigarettes in the country, and the corresponding draft law has been submitted for public discussion. Specifically, the draft law proposes to ban the import, sale, and use of e-cigarettes filled with special filling liquids.
It is planned to ban the import of eggs by road.
According to Kazakhstan Agriculture, Kazakhstan plans to ban the import of fresh eggs from third countries and the countries of the Eurasian Economic Union by road to the territory of Kazakhstan for a period of six months. The restriction is expected to take effect on May 1, 2024.
The export of sea cucumbers will be stopped.
According to a recent report by the Fiji Times, the Fiji Ministry of Fisheries announced that it would stop the export of sea cucumbers after February 29, 2024. Previously, the ministry had announced that it would stop sea cucumber fishing on December 21, 2023. The Ministry of Fisheries of Fiji stressed that only the 21 approved companies will be allowed to clear their stocks of sea cucumbers in fully processed or semi-processed form between January 1 and February 29, 2024, and all sea cucumber exports will be stopped after February 29, 2024.
Corn exports are prohibited.
In response to a prolonged drought that threatens the harvest, Zambia** has imposed restrictions on the export of maize and soybean meal (maize meal). Agriculture Minister Reuben Phiri announced the measure on February 20 and said export restrictions would remain in place until a thorough assessment of the upcoming harvest was carried out.
Import of tilapia from Vietnam has been suspended.
According to Vietnam's "Agriculture Daily" on February 20**, Brazil's Ministry of Agriculture and Animal Husbandry recently informed Vietnam that it will suspend the import of tilapia from Vietnam from February 14, 2024, pending the announcement of the conclusion of the investigation into the virus tilv in the lake.
Suspension of shrimp exports to the United States.
The United States has tightened its policy on importing Philippine seafood as a warning because Filipino fishermen have not done enough to protect sea turtles. In response, the Export Marketing Bureau (EMB) of the Philippine Department of Industry (DTI) has advised all shrimp exporters in the Philippines to temporarily halt shipments to the United States. In a Feb. 12 announcement on its **, DTI-EMB said shrimp exporters "are advised not to ship to the U.S. to avoid shipments being held by U.S. Customs and Border Protection (CBP) until this issue is resolved." ”
It is forbidden to fish, trade or sell shrimp.
According to an order issued by the Ministry of Municipal Affairs and Agriculture of Bahrain, the fishing, trading or sale of shrimp is prohibited from February 1 to July 31 in order to protect the wealth of the sea and Bahrain's fish stocks and support the sustainable development of the industry.
It is proposed to prohibit foreign fishing vessels from entering Bahraini waters.
According to the Gulf Governor's Committee on Facilities and the Environment on January 30**, the Shura Council Committee discussed amendments to Decree No. (20) of 2002 to restrict the entry of foreign fishing vessels into Bahraini waters in support of domestic industry, with the amendment prioritizing the long-term sustainability and self-sufficiency of the fisheries sector.
Stricter export bans will be imposed on Russia and Belarus.
South Korea has added 682 items with actual or potential military use to the list of items prohibited from being transported to Russia and Belarus under amendments to the Regulations on National Strategic Goods**, the Ministry of Trade, Industry and Energy said Feb. 20. The new rules will bring the total number of items on the list to 1,159, including heavy construction equipment, rechargeable batteries, aircraft parts and machinery. The amendments came into effect on February 24. The new list also concerns new and used cars with a displacement of 2000 cc or more, which account for the majority of South Korea's exports to the Russian Federation.
Sanctions were imposed on more than 500 individuals and entities in Russia.
According to Reuters, on February 23, local time, the United States issued sanctions on more than 500 individuals and entities in Russia on the same day. It is reported that the sanctions are mainly aimed at the Mir payment system, Russian financial institutions and their military-industrial base, as well as future energy production.
More than 50 new sanctions were imposed on Russia.
On February 22, local time, the United Kingdom announced more than 50 new sanctions against Russia, including arms manufacturers, electronics companies, diamond and oil companies, etc.
The import of agricultural products from Russia and Belarus is prohibited.
On February 22, the Latvian parliament adopted a bill on the import of Russian and Belarusian agricultural products in a fast-track procedure. According to a press release issued by the press service of the Latvian Parliament, the bill provides for a ban on the import of Russian and Belarusian agricultural products and animal feed, including Russian-Belarusian related products from third countries.
Ukrainian grain import restrictions will remain in place.
Recently, the Minister of Agriculture of Hungary, Nagy István, said in an interview with a local radio station that Europe's agricultural and food self-sufficiency is currently in jeopardy, while farmers import agricultural products from third countries, especially Ukraine, without market protection. Nagy stressed that until a common European solution is found to limit the import of Ukrainian grain, Hungary** will continue to maintain the practice of closing its borders to Ukrainian grain, which is a unilateral decision made in accordance with the competence of the state.
Eight national banks were prohibited from trading in US dollars.
According to Reuters, on February 4, local time, Iraq's ** bank banned eight domestic commercial banks from engaging in dollar trading business to reduce fraud, money laundering and other illegal use of dollars. According to the report, eight banks, including the Azul International Investment Bank, the Iraqi Investment Bank, and the Iraqi Union Bank, are barred from participating in the Iraqi Central Bank's daily dollar auction, but can continue to operate their business, including trading in other countries' currencies.
The sale of some of Intel's chips is prohibited.
A German district court issued an injunction in early February prohibiting the sale of some of Intel's chips. The District Court of Düsseldorf ruled that Intel had infringed patents related to R2 semiconductor's voltage regulation technology and ordered Intel not to apply the patents in Germany. It is reported that the lawsuit involves Intel's Core series Ice Lake, Tiger Lake, Alder Lake, and Xeon Scalable processors, codenamed "Ice Lake". This could lead to HP and Dell banning the sale of products containing Intel chips that are involved in patent disputes.
Extend the ban on foreigners buying homes for two years until the end of 2026.
As the real estate market began to show signs of ***, Canada extended the ban on foreigners to buy homes. It is reported that Canada** banned non-Canadians from buying residential real estate in 2022, and the measure will expire on January 1, 2025. Now, this date has been postponed by two years, until January 1, 2027.
A temporary ban on oil drilling activities by the companies involved.
Guyana's Minister of Natural Resources said it would temporarily ban ExxonMobil from oil drilling in Guyana's disputed territory with Venezuela, according to the Financial Associated Press on February 22.
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