Financial Crime Financial Crime

EU companies stepping up Russia trade boycotts, with Siemens latest to freeze ties

By Joanna Sopinska
  • 02 Mar 2022 17:20
  • 02 Mar 2022 17:20
German engineering giant Siemens is the latest EU company to choose to sever ties with Russia over its warmaking in Ukraine despite the bloc only formally imposing a trade embargo on exports of critical high-tech products and dual-use goods.

"While we continue to review the extensive sanctions and their impact on our business,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News