The National Board of Trade Sweden and the Swedish Government provide extensive information about the sanctions against Russia.
WHAT YOU SHOULD CONSIDER
Our recommendations to Swedish companies affected by the sanctions:
- Act with great caution and follow developments closely and continuously. More and stricter sanctions will probably be imposed soon, and changes can take place from one day to the next.
- Raise the issue of possible business with Russia to your company's management and get legal advice to assess your compliance with sanctions and other rules.
- Contact your bank to discuss how/if they handle transactions with Russia.
- Review how your supply chains are affected.