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July 2023 Update of Multinational trade policies and Restrictive measures

In July 2023, many countries, including India, Brazil, Russia, Serbia, the United States, etc., issued new trade restrictions and bans. These policy changes involve rice, gold jewelry, medical marijuana, foods containing trans fat, cocoa, marijuana flowers, fish and seafood, drones, oil, weapons ammunition, quadrochlorine and many other commodities. Exporters and importers need to closely monitor these policy changes to avoid potential economic losses.

A. The India

On July 20, India banned some of its rice exports to maintain local rice prices.
On July 12, India imposed import restrictions on some gold jewelry and items to reduce non-essential imports and curb trade deficits.

2nd Brazil

On July 20, Brazil no longer authorizes the import of natural cannabis, its parts and its flowers for medical use.

Third, Barbados

Barbados will stop importing foods containing trans fats by December 2024.

The Cote Diva

On July 17, the Cote dIvoire decided to stop the export of cocoa for the period 2023-2024.

V. The Russian

On July 29, Russia temporarily banned rice exports until December 31, 2023.
On July 25, Russia banned the import of fish and seafood from non-friendly countries, which will last until the end of 2023.
On July 12, Russia plans to ban the import of foreign drones by the end of the year.
On July 21, Russia did not rule out the introduction of quotas on oil exports.
Since July 18, the Russian Ministry of Education has banned employees from using Apple devices at work.

The United Arab Emirates

On July 28, the United Arab Emirates suspended the export and re-export of rice for four months.

Third, Serbia

On July 6, Serbia could sign a ban on arms exports.

e) The Ukraine

On July 20, Ukraine banned all ships from entering the Russian Black Sea ports.

9 The United States

The U.S. Environmental Protection Agency (EPA) has proposed a ban on the use of chlorethylene for all consumer and most industrial and commercial purposes.
On July 19, the Treasury Department and the Federal Reserve Bank of New York banned 14 Iraqi banks from trading in U.S. dollars.
On July 20, the United States imposed sanctions on 120 Russian entities and individuals.
On July 20, the U.S. Senate proposed a ban on oil exports from strategic oil reserves to China.
On July 4, the United States plans to restrict Chinese companies from using U.S. cloud computing services.
On July 14, Srebrenica ceased to supply products to Russia.

10 The European Union

The European Commission has announced a total ban on the use of uranium materials from 2024.

On July 19, the European Commission distributed the draft of the seventh round of sanctions against Belarus to diplomatic representatives of member states.

11 Saudi Arabia

The Ministry of Environment, Water and Agriculture of Saudi Arabia has banned the import of horses, embryos, eggs and sperm originating in France.

12 in Japan

Japan will ban exports to Russia of cars and hybrid vehicles with an emission of more than 1.9 liters from August 9.

13 The Netherlands

The Dutch government has announced that from January 1, 2024, the use of mobile phones, tablets and smartwatches in classrooms will be banned.

14 New Zealand

Since July 1, New Zealand has banned shopping malls and supermarkets from offering or selling single-use plastic food bags.

Fifth in Canada

The Canadian Foreign Ministry said Canada had expanded its list of sanctions against Russia to add 39 individuals and 25 corporations.

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