Russian Duma Approves Draft Law on Countersanctions

King & Spalding

On May 22, 2018 Russia’s State Duma (the lower house of parliament) passed the third and final reading of the draft law "On measures to influence (counteract) the unfriendly actions of the United States of America and (or) other foreign states" (the "Draft Law on Countersanctions").

The Draft Law on Countersanctions has been significantly revised from the original version published on April 13, 2018 by removing express references to key sectors and goods/services (including pharmaceuticals, nuclear, aeronautical and advisory) and providing for a more generic mandate.

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