Passenger planes of Aeroflot - Russian Airlines are parked at Sheremetyevo International Airport in Moscow, Russia March 12, 2022. REUTERS/Marina Lystseva
May 13 (Reuters) - The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow's invasion of Ukraine.
The measures have triggered an exodus of foreign firms, raised the prospect of Russia defaulting on its sovereign debt, and look set to trigger a deep economic contraction.
Here is a summary of the main sanctions on goods trade and transport:
The United States has banned imports of Russian crude oil, gas and coal.
Britain said it would phase out the purchase of Russian oil by the end of 2022.
The EU, Russia's largest energy customer, has banned the import of Russian coal, but has so far not restricted oil or gas imports. It has been wrangling for weeks over a phased ban on imports of Russian oil.
Germany has cancelled the Nord Stream 2 pipeline, intended to bring more Russian gas to Germany under the Baltic Sea, which was awaiting certification when Moscow sent troops into Ukraine.
Russian state-owned companies sanctioned by Western countries include national flag-carrier Aeroflot, defence company Rostec, shipping company Sovcomflot and others linked to Russia's military.
The West has banned a raft of exports to Russia, including products made elsewhere with Western technology.
In the United States, firms wanting to export semiconductors, computers, sensors, lasers, navigation tools, or telecommunications or aerospace equipment will need a special government licence to continue trading with Russia. read more
The EU has banned exports of what it calls "cutting-edge technology", including semiconductors and high-end software, as well as some machinery and transport equipment.
Europe has closed its airspace to Russian airlines, and 78 planes leased by Russian firms that were located outside Russia have been seized, according to Russian Transport Minister Vitaly Savelyev. read more
The United States, the EU and Britain have barred Russian vessels from their seaports, and banned the provision of legal, consulting or advertising services to Russian firms.
They have also banned the export of luxury goods to Russia.
The EU has banned the sale, supply and export of euro banknotes to Russia, and Russian state broadcasters Sputnik and RT have been kicked off the airwaves in the EU and Britain.
Our Standards: The Thomson Reuters Trust Principles.
Subscribe to our sustainability newsletter to make sense of the latest ESG trends affecting companies and governments.
Subscribe to our newsletter to get all the news you need to start your day.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.