Circulars

CIS - Unilateral Sanctions Imposed on Russian Bank (Sberbank) by Third Countries
 

 

 

 

CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road,   Mumbai – 400 001.
Tel  :  91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail : info@chemexcil.in
Website : http://www.chemexcil.in


 


EPC/LIC/CIS/BANKING                                                                                               29th March 2022

 

                                                                                                           
ALL THE  MEMBERS OF THE COUNCIL

 

CIS

Unilateral Sanctions Imposed on Russian Bank (Sberbank)  by Third Countries

 

Dear Members,

 

We have received communication from Under Secretary, FT(CIS), Department of Commerce  regarding subject matter.

 

We understand that the Department of Commerce (DoC) has received Note Verbale ( NV)  dated 14.03.2022 from Embassy of Russian Federation along with a list of explanations on unilaterally imposed sanctions on the largest lender Sberbank which has a branch in India. 

 

EPC’s have been advised to share the same with stakeholders for their information and necessary action.

 

Therefore, concerned Member-exporters are requested to take  note of the enclosed  communication and proceed accordingly.

 

Feed-backs, if any, may be sent to us  on e-mail id’s-   dg@chemexcil.in, pw@chemexcil.in, rodelhi@chemexcil.in for records/ further deliberations, if required.

 

Thanking you.

Yours faithfully

 

Deepak Gupta
Acting Executive Director


CHEMEXCIL 

https://chemexcil.in/uploads/files/MX-M452N_20220325_194131-29.3.22.pdf