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Benesch

Syria Sanctions - New General License Issued by OFAC Following Trump Announcement

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President Trump announced plans to relax sanctions against Syria during his recent trip to the Middle East, where he visited with the country’s President, Ahmed al-Sharaa. ...more

Troutman Pepper Locke

New U.S. Presidential Order Bans ‎Import of Russian Seafood

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On December 22, 2023, President Biden ordered new U.S. sanctions against Russia by issuing Executive Order (“EO”) 14114 (“Taking Additional Steps with Respect to the Russian Federation’s Harmful Activities”). EO 14114 amends...more

Blank Rome LLP

New U.S. Russia Sanctions Target Financial Support of Military-Industrial Base and Expand Ban of Seafood Imports

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The Biden Administration recently issued the latest round of U.S. sanctions against Russia, focusing on (1) secondary sanctions applicable to foreign financial institutions (“FFIs”) that engage in certain transactions in...more

White & Case LLP

Overview of the EU’s 10th sanctions package in relation to Russia

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On 25 February 2023, the EU adopted its tenth sanctions package against Russia. More industrial, high-tech and aviation goods are now banned for export to Russia, while Russian bitumen and related materials, synthetic rubber...more

American Conference Institute (ACI)

[Virtual Proficiency Series] U.S. Economic Sanctions - March 7th - 30th, 1:30 pm - 4:30 pm EST

The American Conference Institute is hosting their Virtual Proficiency Series on U.S. Economic Sanctions on March 7-30, 2023! Learn and connect at this immersive, practical 4-week masterclass on U.S. Economic Sanctions....more

Latham & Watkins LLP

Sanctions Update: EU and US Impose New Sanctions and Export Controls Relating to Russia

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The EU has issued its eighth “package” of sanctions measures on Russia. Meanwhile, US agencies have issued guidance on “secondary” sanctions enforcement, designated additional SDNs, and restricted further exports to Russia —...more

The Volkov Law Group

Russian Sanctions Update: Five Months into the War in Ukraine

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It’s been five months since Russia invaded the Ukraine, and the United States has imposed a succession of increasingly severe economic sanctions on Russia and Belarus. A recent study published by Jeffrey Sonnenfeld, a...more

Stikeman Elliott LLP

The Latest Developments on Canada’s Sanctions on Russia

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In this post we look at the latest sanctions-related developments relating to the invasion of Ukraine. These restrictions are in addition to those already imposed in relation to Russia, Belarus and Ukraine under the Special...more

Torres Trade Law, PLLC

Russia Restrictions Could Be a Blueprint for U.S. Response if China Invades Taiwan

On May 23, 2022, President Joe Biden, when asked whether the United States would get involved militarily if China invaded Taiwan, answered firmly, “Yes. That’s the commitment we made.” As the world watches the war in Ukraine,...more

Faegre Drinker Biddle & Reath LLP

Russian Sanctions/Export Controls Update: U.S.-European Sanctions/Export Control Measures Continue to Mount

The Russian invasion of Ukraine is continuing to prompt escalating sanctions and export controls on both sides of the Atlantic. Our team breaks down the latest measures coming out of the European Union, the United Kingdom and...more

BCLP

U.S. Further Expands Measures Against Russia with Additional Import, Export, Sanctions Restrictions

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Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more

Clark Hill PLC

United States and Its Allies Move to End Normal Trade Relations With Russia

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On March 11, President Biden announced that the United States, along with the Group of Seven (“G7”) and the European Union, is taking action to deny Russia most-favored-nation (“MFN”) status, a move that will significantly...more

Latham & Watkins LLP

Sanctions Update: US Targets Russia’s Energy Sector, Announces New Trade Restrictions, and Issues New Sanctions Designations

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New sanctions prohibit Russian energy product imports, investments in Russia’s energy sector, and dealings with dozens more Russia-related parties, and impose broader trade restrictions. This Client Alert is published in...more

Kelley Drye & Warren LLP

More Sanctions on Russia: Import Bans, Revocation of MFN Status, Luxury Goods Ban, USD Ban, Other Measures

In coordination with the European Union and G7 countries, the United States announced a raft of new sanctions and trade control measures targeting Russia today in response to the ongoing war in Ukraine. The new measures...more

Eversheds Sutherland (US) LLP

In the latest tranche of sanctions, the US bans imports of Russian oil and coal

In the latest action to expand sanctions against Russia in response to its invasion of Ukraine, on March 8, 2022, President Biden announced in a televised speech a ban on imports of Russian oil, natural gas, and coal into the...more

The Volkov Law Group

United States and United Kingdom Move to Prohibit Russian Oil and Gas Imports

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In a much-anticipated action, President Biden announced a prohibition on all Russian oil and gas imports. The United States relies on Russia oil for approximately 8 percent of its needs....more

Stikeman Elliott LLP

Further Canadian Responses to Russia’s Invasion of Ukraine

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Canada has imposed further restrictions on Russia due to its continuing invasion of Ukraine. These restrictions are in addition to those already imposed in the Special Economic Measures (Russia) Regulations as described in...more

Torres Trade Law, PLLC

Trade Enforcement Digest - January 2022

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Civil and criminal penalties levied against U.S. companies for trade violations are just the beginning of the potential unforeseen costs of doing business in the global marketplace. What cannot be quantified are the countless...more

American Conference Institute (ACI)

[Webinar] Latest Economic Sanctions Developments to Watch in 2020 and Beyond - May 14th, 1:00 pm - 2:00 pm EST

Join leading industry leaders who will discuss the latest developments in the economic sanctions regulatory landscape. They will share perspectives & insights on what’s going on, what’s ahead & what to watch out for....more

ArentFox Schiff

Maximum Pressure Squared: President Trump Turns His Iran Sanctions Amplifier Up to Eleven

ArentFox Schiff on

Third-country companies doing business with Iran’s construction, mining, manufacturing, or textiles sectors are now at increased risk of being sanctioned. On Friday, January 10, President Trump issued Executive Order (EO)...more

Sheppard Mullin Richter & Hampton LLP

How to Steal $10 Billion from Europe

Europe has come up with a nifty plan to help Iran buy and sell stuff outside the reach of U.S. sanctions. The problem is that the plan is a fraud magnet. How do we know? It’s been tried before, and the fraud was epic. The...more

Jones Day

The Trump Administration Will Not Renew Iranian Oil Waivers

Jones Day on

Companies in the banking/financial, energy, logistics, and shipping sectors should assess their operations to mitigate sanctions compliance risks. On Monday, April 22, 2019, the Trump Administration announced that, in the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - January 2019 #4

Trump Eyes Action to Limit States' Powers to Block Pipelines - "The Trump administration is considering taking steps to limit the ability of states to block interstate gas pipelines and other energy projects, according to...more

Akin Gump Strauss Hauer & Feld LLP

Iran Sanctions Are Here—Breaking Down What This Means For Business

• As of November 5, 2018, the United States concluded the second of two wind-down periods for re-imposition of U.S. sanctions on Iran following the May 8, 2018, announcement that the United States would cease participation in...more

Sheppard Mullin Richter & Hampton LLP

Client Alert: Iran Sanctions Return

1. All sanctions on Iran that were in place before January 2016 will be re-imposed no later than November, 4 2018. 2. Secondary sanctions that penalize non-U.S. persons doing business with Iran will be reinstated. 3....more

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