Unprecedented Broad Export Controls and Sanctions on Russia Go into Effect – (Some) Immediately!

What Are the New US Export Controls on Russia?

On February 24, 2022, the US Department of Commerce, Bureau of Industry and Security (BIS) imposed new export controls intended to restrict access to technologies and other items that Russia needs to sustain its aggressive military capabilities. Most of the new controls went into place immediately on February 24, 2022. BIS’s new Russia measures amend the Export Administration Regulations (EAR) as follows:

1. New License Requirements. Impose new license requirements for Russia on all Export Control Classification Numbers (ECCNs) in Commerce Control List (CCL) Categories 3-9, from semiconductors to aircraft parts.

Please see full Perspective below for more information.

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