Recital 25

(25) Natural and legal persons, entities or bodies, or persons, entities or bodies owned or controlled by them, might seek to enforce, in third countries other than Russia, Russian court and administrative decisions. Such attempts can be based on claims relating to contracts affected by restrictive measures or illegal expropriations or so-called ‘temporary management’ imposed by the Government of the Russian Federation. It is therefore appropriate to extend the possibility for Union natural or legal persons to claim damages from persons, entities and bodies who seek, in third countries other than Russia, the enforcement of those Russian decisions, or who cooperate in their enforcement, as well as from persons, entities or bodies that are owned or controlled by them. It is also appropriate to enable the Council to impose a transaction ban on natural or legal persons, entities or bodies who seek the enforcement, or who cooperate in the enforcement, of Russian decisions based on claims relating to contracts affected by restrictive measures, or of illegal expropriations and so-called ‘temporary management’ imposed by the Russian Government, as well as a transaction ban on natural or legal persons, entities or bodies that own or control those persons, entities or bodies.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.