About Sanctions Database
SanctionsDatabase was created and is maintained by KSE Institute Sanction Group experts for the purpose of consolidating and monitoring all economic sanctions imposed by the countries of the world against Russia in response to its unprovoked and unjustified military aggression against Ukraine. The database covers financial, trade, visa and other sectoral sanctions, as well as sanctions imposed on specific enterprises.
The database includes information on sanctions approved by official documents of countries (laws, decrees, resolutions, etc.). In some cases, sanctions are included, information about which is given in the official press releases of the authorities of the countries.
Each sanction is distinguished based on its economic essence (scope of application) and its aim. In some cases, this is a specific provision (paragraph, article, etc.) of an official document (law, resolution, decree, etc.). For example, on March 2, 2022, the EU banned the issuance of euro-denominated banknotes to Russia or any natural/legal entity in Russia, including the Government and Central Bank of Russia, or for use in Russia. In some cases, the introduced restrictions apply to several types of transactions with respect to the object of sanctions. In such cases, the database will display several sanctions in accordance with the content of the specified operations. For example, the restriction imposed by the country on the export of aircraft, spacecraft and their parts, which provides for a ban on the export of such products to Russia and a ban on insurance of such operations, is reflected in the database as two sanctions. If the restrictions apply to several groups of goods, this will be reflected in the database as two or more sanctions. For example, on March 8, 2022, the United States banned the import of the following goods of Russian origin: crude oil; petroleum fuel, oil and products of their distillation; liquefied natural gas; coal; and coal products. Accordingly, the database will display this decision as four sanctions: 1) prohibition of oil imports; 2) prohibition of import of oil products; 2) prohibition of import of natural gas; 4) prohibition of coal imports.
Monitoring the imposed sanctions allows us to understand the areas in which countries have imposed restrictions on Russia and to assess their impact. In addition, it provides an opportunity to identify opportunities for strengthening sanctions and expanding the scope of their application. The database also makes it possible to compare the activity of countries in the introduction of sanctions against Russia.
Sanctions are monitored daily. At the same time, the update of the base depends on the time when the countries of the world publish their decisions regarding the introduction of economic sanctions against Russia.