Trade and Manufacturing Monitor
News and insight from our international trade practice group
EU to impose airspace, media sanctions on Russia; additional sanctions on Belarus
Today, the European Union announced that it would close EU airspace to all Russian-owned, Russian registered, or Russian-controlled aircraft, including private aircraft owned by the Russian elite. The bloc’s move…
European Union Announces First Round of Sanctions on Russia: Banks, Sovereign Debt, Elites, DNR/LNR Trading Ban (UPDATED)
This post was updated on 2/24 following the release of the underlying EU legislation. Yesterday, the European Union imposed new sanctions on Russia in response to the situation in Ukraine. The array of measures…