Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more
9/28/2023
/ Australia ,
Biden Administration ,
Construction Industry ,
Defense Sector ,
Economic Sanctions ,
Energy Sector ,
EU ,
Financial Transactions ,
Foreign Policy ,
General Licenses ,
Manufacturers ,
Military Conflict ,
New Zealand ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Supply Chain ,
Technology Sector ,
UK ,
Ukraine
The EU's foreign policy chief, Josep Borrell, said in March that the bloc has nearly exhausted its options for punitive measures against Russia: "There is little left to control other than basic commercial items." The focus...more
This is part of a series of advisory alerts from Venable's International Trade and Logistics Group, published in response to the ongoing war in Ukraine. Earlier alerts on Russia and Ukraine sanctions are available in...more
6/30/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
EU ,
Executive Orders ,
Financial Institutions ,
FinCEN ,
G7 ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
State-Owned Enterprises ,
Trade Restrictions ,
UK ,
Ukraine
On Friday, March 11, 2022, President Biden, in coordination with G7 leaders in the United Kingdom, European Union, Canada, and Japan, announced another round of economic actions aimed at further isolating the Russian economy...more
3/17/2022
/ Biden Administration ,
Countermeasures ,
Economic Sanctions ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Trade Regulations ,
G7 ,
Imports ,
Russia ,
Tariffs ,
Trade Restrictions ,
Ukraine
The United States, along with the European Union, the United Kingdom, and other allies, has announced a new round of significantly tougher sanctions and export controls in response to the expanding Russian military invasion...more
2/25/2022
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Embargo ,
Entity List ,
EU ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Financial Institutions ,
Foreign Policy ,
General Licenses ,
Military End Use ,
NATO ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Sovereign Debt