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Russia’s State Duma Introduces Draft Law to Counter U.S. Sanctions

Draft legislation seeks to restrict business with U.S. and its allies across sectors. Draft legislation sets out broad menu of sanctions and prohibitions—from import and services restrictions to individual bans—but...more

General License for Commercial Authorizations from Sanctioned Russian Security Agency

OFAC has issued a new General License to address problems raised by the sanctioning of the Federal Security Services (FSB). This adjustment serves to authorize permits by the FSB needed for certain commercial transactions...more

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