Trade and Manufacturing Monitor
Summary of Sanctions Imposed on Russia This Week (March 4, 2022)
Over the last two weeks, the United States, European Union, and allied countries imposed a broad range of sanctions and export control restrictions on Russia and Belarus in response to Russia’s invasion of Ukraine.…
U.S. Announces Additional Round of Russia & Belarus Trade Restrictions; Closes Airspace to Russia (UPDATED)
March 4, 2022 Update: This post was updated after BIS published new export controls on oil and gas equipment and Entity List sanctions on firms related to the Russian defense industry. Today, the United States…
United Kingdom Imposes Next Round of Trade Restrictions on Russia and Belarus
Yesterday, the United Kingdom expanded export controls on shipments to Russia and imposed new sanctions on Russian and Belarusian parties in response to the ongoing conflict in Ukraine. The latest measures impose a…
United Kingdom Imposes First Tranche of Sanctions on Russian Banks and High Net-Worth Individuals
Today, the United Kingdom imposed sanctions on five Russian banks and three Russian oligarchs in response to the situation in eastern Ukraine. The sanctions were imposed pursuant to recently strengthened sanctions…
U.S. imposes embargo on separatist regions of Ukraine (UPDATED)
This post was updated on February 25, 2022 after the Department of Commerce amended the Export Administration Regulations (EAR) to impose additional elements of the embargo. OFAC Provisions On February 21, 2022…