Bulgaria approves an exemption from the EU restrictive measures to allow goods supply and services provision for Kozloduy Nuclear Power Plant

Sep 23 2024

Sanctions Updates

It has been reported that on 18 September the Bulgarian Government approved a decision allowing Kozloduy Nuclear Power Plant (NPP) to receive goods and services from Russia.

Kozloduy NPP is permitted to import iron and steel products from Russia as well as goods, technology and technical assistance required to implement contracts.

The EU prohibits the import of steel from Russia as part of its restrictive measures in view of the situation in Ukraine. Bulgarian Government’s derogation from the EU rules will remain in place until the contracts are fulfilled.

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The information in this blog is for general information purposes only and does not purport to be comprehensive or to provide legal advice. Whilst every effort is made to ensure the information and law is current as of the date of publication it should be stressed that, due to the passage of time, this does not necessarily reflect the present legal position. Gherson accepts no responsibility for loss which may arise from accessing or reliance on information contained in this blog. For formal advice on the current law please do not hesitate to contact Gherson. Legal advice is only provided pursuant to a written agreement, identified as such, and signed by the client and by or on behalf of Gherson.

©Gherson 2024

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