lexiara

(10)

the following article is inserted: ‘Article 5ah 1. It shall be prohibited to: 2. It shall be prohibited, as of 25 January 2026, to: 3. It shall be prohibited to: 4. The prohibitions in paragraphs 1, 2 and 3 shall also apply to any legal person, entity or body outside the special economic, innovation or preferential zones listed in Annex LII that is owned or controlled by a legal person, entity or body referred to in paragraph 1 or 2. 5. Paragraphs 1 to 4 shall not apply to: 6. Paragraphs 1 and 3 and, where otherwise applicable, paragraph 4, shall not apply to the execution until 25 January 2026 of contracts concluded before 24 October 2025, or of ancillary contracts necessary for the execution of such contracts. 7. By way of derogation from paragraphs 1 to 4, the competent authorities may authorise, under such conditions as they deem appropriate, activities which are strictly necessary for: ; acquire any new or extend any existing participation in ownership or control of any legal person, entity or body which is registered as a resident of, or whose registered office, principal place of business, or permanent establishment is located within, the special economic, innovation or preferential zones of the Russian Federation listed in Part A or B of Annex LII; create any new joint venture, branch, or representative office in the special economic, innovation or preferential zones listed in Part A or B of Annex LII, or with a legal person, entity or body referred to in point (a); enter into any new contract or arrangement for the supply of goods or services, or of related intellectual property rights or trade secrets to, from, or for use in the special economic, innovation or preferential zones listed in Part A or B of Annex LII, or with a legal person, entity or body referred to in point (a). maintain any existing participation in ownership or control of any legal person, entity or body which is formally registered as a resident of, or the registered office, principal place of business, or permanent establishment of which is located within, the special economic, innovation or preferential zones of the Russian Federation listed in Part A of Annex LII; maintain any existing joint venture, branch, or representative office in the special economic, innovation or preferential zones listed in Part A of Annex LII, or with a legal person, entity or body referred to in point (a); maintain any existing contract or arrangement for the supply of goods or services, or of related intellectual property rights or trade secrets to, from, or for use in the special economic, innovation or preferential zones listed in Part A of Annex LII, or with a legal person, entity or body referred to in point (a). grant, or be part of any arrangement to grant, any loan or credit or otherwise provide financing, including equity capital, to a legal person, entity or body referred to in paragraph 1 or 2, or for the documented purpose of financing such a legal person, entity or body; provide investment services directly related to the activities referred to in point (a) or in paragraph 1 or 2. activities necessary for public health emergencies, the urgent prevention or mitigation of an event likely to have a serious and significant impact on human health and safety or the environment, or as a response to natural disasters; activities strictly necessary for the direct or indirect purchase, import or transport of natural gas, titanium, aluminium, copper, nickel, palladium or iron ore from or through Russia into the Union, a country member of the European Economic Area, Switzerland, or the Western Balkans; unless prohibited under Article 3m or 3n, activities strictly necessary for the direct or indirect purchase, import or transport of oil, including refined petroleum products, from or through Russia; activities necessary for the purchase, import or transfer of seaborne crude oil and of petroleum products listed in Annex XXV where those goods originate in a third country and are only being loaded in, departing from or transiting through Russia, provided that both the origin and the owner of those goods are non-Russian. humanitarian purposes, such as delivering or facilitating the delivery of assistance, including medical supplies, food, or the transfer of humanitarian workers and related assistance, or for evacuations; research, development or manufacturing of pharmaceutical, medical, agricultural or food products, including wheat and fertilisers the import, purchase and transport of which is allowed under this Regulation; ensuring access to judicial, administrative or arbitral proceedings in a Member State, as well as for the recognition or enforcement of a judgement or an arbitration award rendered in a Member State, if such transactions are consistent with the objectives of this Regulation and those of Regulation (EU) No 269/2014; divestment and withdrawal from Russia or the wind-down of business activities in Russia; the provision of electronic communication services by Union telecommunication operators necessary for the operation, maintenance and security, including cybersecurity, of electronic communication services, in Russia, in Ukraine, in the Union, between Russia and the Union, and between Ukraine and the Union, and for data centre services in the Union.’

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Source: EUR-Lex (Cellar) · retrieved 2026-10-16 · Text as adopted (Official Journal); later amendments are not incorporated in this text.