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Trade Restrictions Imports Export Controls

K2 Integrity

2023 in Review: An Eventful Year in Sanctions and Enforcement

K2 Integrity on

The sanctions world experienced another action-packed year in 2023. Sanctions against Russia dominated the year in terms of the number of designations and new restrictions, and the attacks perpetrated by Hamas in Israel on 7...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Further Strengthens Restrictive Measures Against Russia in 12th Package of Sanctions

On 18 December 2023, the European Union adopted a 12th package of sanctions against Russia. The sanctions impose an asset freeze on more than 140 individuals and entities pursuant to Council Regulation (EU) 269/2014...more

Akin Gump Strauss Hauer & Feld LLP

New EU & UK Sanctions

EU’s 12th Sanctions Package - On 19 December 2023, the Council of the European Union (EU) together with the Commission published its 12th round of sanctions....more

White & Case LLP

EU’s 11th package of sanctions on Russia targets third-country evasion, expands existing restrictions and extends derogations

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The EU adopted its eleventh sanctions package against Russia on 23 June, 2023. A new anti-circumvention framework enables the EU to tackle sanctions evasion through third countries. The EU extends the scope of existing...more

White & Case LLP

Switzerland implements the remaining measures set out in the EU’s 8th sanction package

White & Case LLP on

Switzerland has expanded existing sanctions and implemented new measures in response to the ongoing conflict in Ukraine. The latest modification of the Ordinance on Measures Connected with the Situation in Ukraine (the...more

BakerHostetler

Current State of U.S. Economic Sanctions Imposed on the Russian Federation and Covered Regions of Ukraine in Response to the...

BakerHostetler on

In response to the Russian Federation’s (Russia) egregious and unprovoked invasion of Ukraine that began in February 2022, the U.S. government has deployed a whole-of-government approach in imposing sanctions and export...more

McDermott Will & Emery

Eighth EU Sanctions Package: Closing the Loop on More Goods, Services and Russian Oil

McDermott Will & Emery on

In response to Russia’s further aggression against Ukraine and its illegal annexation of the Donetsk, Kherson, Luhansk and Zaporizhzhia regions (the Occupied Regions), the European Union (EU) has adopted a new sanctions...more

Dorsey & Whitney LLP

U.S. Bars Accounting, Trust and Corporate Formation, and Management Consulting Services and Adds Export Restrictions to Russia

Dorsey & Whitney LLP on

The United States has announced yet another round of economic sanctions against Russia that builds on existing sanctions and extends them to new sectors of the Russian economy. The U.S. Department of the Treasury’s Office of...more

Sheppard Mullin Richter & Hampton LLP

Additional Import and Export Restrictions in Response to Russia’s Aggression in Ukraine

Last week, the United States government imposed additional restrictions on the imports from, and exports to, Russia. The import changes stem from the Suspending Normal Trade Relations with Russia and Belarus Act, signed into...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - March 2022 #2

During the past week, the US continued to strengthen its sanctions against Russia as Russia continued its invasion of Ukraine. ..BIS issued a final rule clarifying which luxury goods are subject to the ban on exports to...more

Alston & Bird

U.S. and Allies Continue to Expand Sanctions Against Russia and Belarus

Alston & Bird on

As Russia’s war against Ukraine continues and the United States and its allies announce further sanctions, U.S. companies face more difficulties with compliance and the loss of valuable assets. Our International Trade &...more

WilmerHale

Sanctions Update: Policymakers Worldwide Rolling Out New Measures to Increase the Economic Costs of Russia’s War Against Ukraine

WilmerHale on

Western sanctions against Russia have continued to broaden substantially into new areas of trade, especially in the energy sector. Policymakers in Washington DC, Brussels, London and other allied capitals also continue to...more

Venable LLP

Update: U.S. Ramps Up Pressure Against Russia with New Round of Sanctions and Export Controls

Venable LLP on

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

K&L Gates LLP

New U.S. Sanctions on Russia and Belarus Impose Trade and Investment Restrictions on Luxury Goods and Russia's Energy Sector

K&L Gates LLP on

As an update to K&L Gates’ previous alerts of 24 February and 25 February, U.S. President Joe Biden issued two executive orders (EOs) last week imposing additional sanctions against Russia. The first order, EO 14066, issued...more

BCLP

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

BCLP on

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

White & Case LLP

US Announces Energy Import Ban, and Further Sanctions and Export Controls on Russia and Belarus; Restricts Russian Aircraft from...

White & Case LLP on

Between March 2 and 8, 2022, the US undertook a number of measures escalating the sanctions against Russia and Belarus. The US banned the imports of certain Russian energy products, prohibited new investment in the Russian...more

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